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Fintech unicorn Groww picks up majority stake in in-house lending arm

Finance

07 March, 2024

Fintech unicorn Groww picks up majority stake in in-house lending arm

Tiger Global-backed online investing platform Groww, which became the largest stock broker in terms of active users last year after ......

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Jupiter, Refyne backer QED looks for more fintech bets in India

Finance

25 May, 2023

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 ......

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How dealmaking in financial inclusion sector panned out last year

Finance

31 March, 2023

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 ......

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Elevation Capital to expand focus on fintech space, financialisation of savings

Finance

22 March, 2023

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, ......

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Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven

Finance

22 February, 2023

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 ......

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Deals Digest: Deal volume halves as funding slumps this week

TMT

17 February, 2023

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 ......

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Startups, tech firms cut 20,000 jobs in six months

Infrastructure

10 February, 2023

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 ......

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Karnataka govt eyes fund for fintech startups

Finance

27 January, 2023

Karnataka govt eyes fund for fintech startups

The Karnataka government plans to create a fintech fund to spur growth of the startup ecosystem in the state and ......

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Groww makes investment in fintech startup Digio

Finance

12 January, 2023

Groww makes investment in fintech startup Digio

Online investing unicorn Groww has made a strategic investment in a software-as-a-service (SaaS)-based fintech startup, two people aware of the ......

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WEH Ventures aims to lead more funding rounds from second fund

TMT

06 January, 2023

WEH Ventures aims to lead more funding rounds from second fund

Mumbai-based micro venture capital investor WEH Ventures, backer of fintech startup Jar, is focused on leading more early-and-seed stage funding ......