fintech
Finance
RBI to permit default loss guarantee arrangements in digital lending
The Reserve Bank of India (RBI) will put in place a regulatory framework to permit default loss guarantee arrangements for ......
Finance
Jupiter, Refyne backer QED looks for more fintech bets in India
Global fintech-focused venture capital firm, QED Investors, plans to invest a substantial part of its new $925 million fund in ......
Finance
How dealmaking in financial inclusion sector panned out last year
Private investments in Indian startups that seek to drive financial inclusion fell last year but remained double the level two ......
Finance
Elevation Capital to expand focus on fintech space, financialisation of savings
Early-stage to growth-equity investment firm Elevation Capital, backer of the likes of Paytm, Swiggy, Acko, ShareChat and Meesho, among others, ......
General
Why Bessemer isn't so keen on fintech lending and payments businesses
Global venture capital firm Bessemer Venture Partners believes that fintech lending is no longer attractive and that the payments business ......
TMT
Cashfree strikes second bet with Gurugram fintech firm
Payments and banking solutions provider Cashfree Payments, which counts State Bank of India, Apis Partners, Smilegate Investment and Y Combinator ......
Finance
Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven
Digital lending platform ProgCap, which counts among its backers Sequoia Capital, Tiger Global and Google and has been operating a ......
TMT
Deals Digest: Deal volume halves as funding slumps this week
Deal volume nearly halved as venture capital and private equity funding activity saw a slight dip this week. Besides, mergers ......
Infrastructure
Startups, tech firms cut 20,000 jobs in six months
Tech and startup companies continue to lay off employees citing over-hiring, cost pressures and funding challenges. Over the next six ......
TMT
Cred's Kunal Shah lays out medium-term roadmap as losses mount
Fintech unicorn Cred is focusing on improving monetization from its existing users as its losses accumulated to over Rs 1,279.6 ......