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RBI's ban on SBM Bank's forex transactions hurts fintech firms

Finance

RBI's ban on SBM Bank's forex transactions hurts fintech firms

Wealthtech startups Vested Finance and IndMoney have been impacted after the Reserve Bank of India (...

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WayCool Foods in talks to raise $60 mn for organic growth

TMT

WayCool Foods in talks to raise $60 mn for organic growth

Food and agritech startup WayCool Foods & Products Pvt. Ltd is in initial talks to raise $50-60 ...

Fintech startup NeoGrowth raises $10 mn from MicroVest

Finance

Fintech startup NeoGrowth raises $10 mn from MicroVest

NeoGrowth, a non-banking finance company with a focus on micro, small and medium enterprises (MSMEs...

Former BetterPlace exec joins Scaler to lead data science, ML ops

People

Former BetterPlace exec joins Scaler to lead data science, ML ops

Sequoia Capital-backed edtech firm Scaler on Thursday appointed Manish Pansari as the senior vice ...

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Aye Finance eyes turnaround

Finance

Aye Finance eyes turnaround

Lending startup Aye Finance aims to post a net profit this financial year, rebounding from a loss ...

Sukoon raises $15 mn from Lightrock

TMT

Sukoon raises $15 mn from Lightrock

Private equity firm Lightrock India has invested $15 million for a majority stake in Gurugram-based ...

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IIFL, others vie for stake in Kauvery Hospital

Healthcare

IIFL, others vie for stake in Kauvery Hospital

IIFL Private Equity Fund, healthcare- focused investment firm Quadria Capital and homegrown private ...

Shiprocket's revenue climbs 70% in FY22

TMT

Shiprocket's revenue climbs 70% in FY22

Logistics unicorn Shiprocket has logged a 70% year-on-year (YoY) jump in its topline at Rs 611 crore...

Shiprocket turns unicorn, the first one in nearly a month

TMT

Shiprocket turns unicorn, the first one in nearly a month

Logistics platform Shiprocket became the latest entrant in the much-coveted unicorn club after ...

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Dutch FMO to invest in NeoGrowth's up to $60 mn fundraise

Finance

Dutch FMO to invest in NeoGrowth's up to $60 mn fundraise

SME-focused fintech lender NeoGrowth Credit Pvt. Ltd is set to raise $50 million-$60 million(₹395 ...