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Kotak Mahindra Bank invests $42 mn in KFin Technologies for 9.9% stake

Finance

20 September, 2021

Kotak Mahindra Bank invests $42 mn in KFin Technologies for 9.9% stake

Kotak Mahindra Bank Ltd (KMBL) on Monday said it will infuse Rs 310 crore ($42 million) for a 9.9% stake ......

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Demographics and convenience spurring hyper growth in financial services: HDFC vice-chair, CEO

Finance

17 September, 2021

Demographics and convenience spurring hyper growth in financial services: HDFC vice-chair, CEO

Unprecedented growth in financial services is resulting from rapidly changing Indian demographics and consumer behaviour which...

Neobank Open raises $62mn Series C from Temasek, Google, others

Finance

10 September, 2021

Neobank Open raises $62mn Series C from Temasek, Google, others

Open, a neo-banking platform focused on small and medium businesses, is raising around $62mn in a Series C round from ......

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Northern Arc Capital sharpens focus on early-stage startups

Finance

07 September, 2021

Northern Arc Capital sharpens focus on early-stage startups

Digital debt financing platform Northern Arc Capital has begun sharpening its focus on financing early-stage startups, mid-market...

Fintech startup mPokket appoints former Myntra exec Vikram Singh as product head

TMT

06 September, 2021

Fintech startup mPokket appoints former Myntra exec Vikram Singh as product head

Maybright Ventures Pvt. Ltd, which operates micro loan-focused fintech startup mPokket, has appointed Vikram Singh as their new...

Neobank moneyHOP, Peppermint, Altius Investech, Codingal get funds

TMT

01 September, 2021

Neobank moneyHOP, Peppermint, Altius Investech, Codingal get funds

moneyHOP, a cross border-neobank based in the UK, has raised $1.25 million in a seed round from UK-based investors and ......

Venture firm Bertelsmann India leads $9.5 mn Series A funding in Skeps

TMT

01 September, 2021

Venture firm Bertelsmann India leads $9.5 mn Series A funding in Skeps

Streamsource Technologies Inc which runs Skeps, a fintech startup focused on Point-Of-Sale (POS), has raised $9.5 million in Series...

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Mobikwik is not keen on becoming a 'super app'

Finance

26 August, 2021

Mobikwik is not keen on becoming a 'super app'

Mobikwik will not get into "a million things" or ever become "a super app" even as it plans to list ......

Stellaris ropes in Cred's Mayank Jain to lead fintech investments

Finance

25 August, 2021

Stellaris ropes in Cred's Mayank Jain to lead fintech investments

Early-stage venture capital firm Stellaris Venture Partners has roped in Cred’s previous head of strategy and corporate...

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India fintech investments up 25% for first half this year: KPMG

TMT

11 August, 2021

India fintech investments up 25% for first half this year: KPMG

Investment in Indian fintech for the first half of 2021 rose by a quarter year on year at $2,054 million ......

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