December 12, 2024
These areas of fintech could become important in the coming years. In a great conversation on the FF Virtual Arena, Tarun Gupta of Skip the capital shared his journey from investment banking to fintech investing and told us how compliance can become a strategic advantage. Huge sums of money are still being poured into the
December 12, 2024
SUMMARY The round, which consisted of a mix of debt and equity, was led by Prashasta Seth of Prudent Investment Managers, and also saw participation from new investor Perpetuity Ventures and existing investor Pegasus Fininvest. Snapmint co-founder Nalin Agrawal told Inc42 that the funding was raised almost at 3x the valuation of the last funding
December 12, 2024
Navanc, India's first AI-based real estate stack and rating system for secured loans and insurance, integrates advanced AI, IoT and blockchain for secure transactions. The funds will support expansion into Tier 1-4 cities and enhance its AI capabilities with generative AI and computer vision models. So far, Inflection Point Ventures has invested over INR 790
December 11, 2024
Bengaluru-based NBFC Avanti Finance has raised $14.2 million (Rs 120 crore) in its Series B round from Dia Vikas Capital, existing investors IDH Farmfit Fund, NRJN Family Trust, Rabo Partnerships and certain HNIs. The company's early investors include the Bill & Melinda Gates Foundation, Oiko Credit & Nomura. Previously, Avanti Finance raised $24 million in
December 11, 2024
The new capital will support expansion in key sectors and improve supply chain financing. Source link Disclaimer We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi We want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It
December 11, 2024
SUMMARY The funding round, which consisted of a mix of primary and secondary transactions, was co-led by Teachers' Venture Growth and Prosus. Earlier, Prosus revealed that it had acquired a 10.65% stake in Mintifi with an investment of around $80 million. Mintifi plans to deploy new capital to expand its presence in key sectors and
December 11, 2024
Navanc, a fintech startup that creates an AI-driven real estate score and stack for collateralized lending and insurance practices, has raised $1 million in seed funding. funding round. The round was led by Prarambh Ventures, with participation from Gurugram-based Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital and renowned angel investors. Fundraising goal Navance plans
December 11, 2024
When something truly changes the market, it's the ideas that solve pressing problems across large segments and align with current trends. Express advice is a platform that transforms the tipping process into an instant, contactless experience. Customers scan a QR code and, in just a few clicks, express their gratitude for their excellent service by
December 11, 2024
Change the market flag for targeted data from the country of your choice. Open the menu and change the Market indicator for targeted data from the country of your choice. Need more graphics options? Right-click the chart to open the Interactive Chart menu. Use your up/down arrows to move through the symbols.
December 11, 2024
SUMMARY A total of 49.27 Lakh shares, or 53.42% of the shares allotted in the anchor round, were picked up by six domestic mutual funds. MobiKwik's IPO, which will open on December 11 and close on December 13, will only include a fresh issue of shares worth INR 572 Cr. MobiKwik slipped into the red
December 10, 2024
Nium, the global leader in real-time cross-border payments, was founded with the mission of delivering tomorrow's global payments infrastructure today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs and businesses around the world instantly collect, convert and disburse funds across borders. Its payment network supports 100 currencies and
December 10, 2024
Elite Fintech Solution, a local startup, has found its footing in neighboring African countries after facing regulatory hurdles in its base of operations. The company founded three years ago by Alazar Solomon is now attempting to transform SME credit facilitation in the Kenyan, Mauritius and Ugandan markets through the combination of AI and data analytics
