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SRI Capital, others invest in healthcare financing platform LetsMD

TMT

12 April, 2018

SRI Capital, others invest in healthcare financing platform LetsMD

LetsMD, a fintech startup in the healthcare space, has raised $1 million (Rs 6.5 crore) in a pre-Series A round ......

Omidyar Network, others back fintech startup Kaleidofin with seed money

Finance

09 April, 2018

Omidyar Network, others back fintech startup Kaleidofin with seed money

Chennai-based fintech company Kaleidofin has raised $2.8 million (Rs 18 crore) in a seed round led by Omidyar Network, the ......

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Flashback 2017: NPA woes drag banks; MF inflows, insurance IPOs boost sentiment

Finance

21 December, 2017

Flashback 2017: NPA woes drag banks; MF inflows, insurance IPOs boost sentiment

Mounting bad loans haunted banks in 2017 and a couple of high-profile mergers collapsed, but a bunch of initial public ......

Amazon may invest in SME lending platform Capital Float: Report

TMT

18 December, 2017

Amazon may invest in SME lending platform Capital Float: Report

E-commerce major Amazon.com Inc.’s Indian arm is likely to invest $5-10 million (Rs 32-64 crore) in digital lending platform Capital ......

Online loans marketplace FinBucket gets funding from Impanix Capital

TMT

13 December, 2017

Online loans marketplace FinBucket gets funding from Impanix Capital

FinBucket Pvt. Ltd, which runs an eponymous online marketplace for loans and investments, has raised Rs 12 crore ($1.8 million) ......

Capital Float trumps Lendingkart in FY17 revenue but piles up higher loss

TMT

12 December, 2017

Capital Float trumps Lendingkart in FY17 revenue but piles up higher loss

Capital Float and Lendingkart Finance, two of India’s most-funded digital lending platforms for small and medium enterprises, recorded a rapid ......

SoftBank-backed True Balance pivots, launches mobile wallet

TMT

08 December, 2017

SoftBank-backed True Balance pivots, launches mobile wallet

Gurgaon-based Balancehero India Pvt. Ltd, which operates mobile balance checking app True Balance, has entered the fintech services segment with ......

IDG Ventures' TCM Sundaram on the future of fintech, VC funding and more

Finance

06 December, 2017

IDG Ventures' TCM Sundaram on the future of fintech, VC funding and more

Fintech companies in India came back on the radar of investment firms with a bang this year, mobilising a couple ......

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More Indian startups seeing down rounds: Sistema Asia Fund's Kozhevnikov

Finance

27 November, 2017

More Indian startups seeing down rounds: Sistema Asia Fund's Kozhevnikov

Sistema Asia Fund, a $50-million venture capital fund floated by Russian conglomerate Sistema JSFC, has been actively investing in Indian ......

Meet the eight startups showcased at Nomura's fintech programme

TMT

15 November, 2017

Meet the eight startups showcased at Nomura's fintech programme

Japanese investment bank Nomura has showcased eight startups it has mentored under its India-focussed fintech programme ‘Voyager – Nomura FinTech ......

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