Aadhaar-enabled transactions cross 200 mn in July

Team TC

Government-run digital payments platform National Payments Corporation of India (NPCI) announced that over 220 million transactions ....

12 August, 2019

India fintech funding drops to $300 mn in H1 2019: KPMG Report

Shweta Sharma

Investment in the Indian fintech sector dropped nearly 50% to about $300 million in the first half of 2019 against the same period ....

2 August, 2019
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CapitalG-backed Aye Finance raises $7.9 mn from DCB Bank

Shweta Sharma

Non-banking finance company Aye Finance has raised Rs 55 crore ($7.9 million at the current exchange rate ) from DCB Bank through ....

31 July, 2019

Fintech startup CredAble’s subsidiary gets NBFC licence

Shweta Sharma

Mumbai-based financial services company CredAble’s wholly-owned subsidiary, Equentia Financial Service Private Limited, ....

18 July, 2019

Innoviti sues Sequoia-backed Pine Labs for copying patented technology; wins ex-parte injunction

Binu Paul

Bengaluru-based fintech firm Innoviti Payment Solutions Pvt. Ltd has won an ex-parte injunction against digital retail payments ....

18 July, 2019

Credit Suisse partners Nasscom to promote fintech innovations

Om Athavale

Zürich-based financial services company Credit Suisse and Nasscom 10,000 Startups announced plans to support the growth of ....

17 July, 2019
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ThoughtWorks opens office in Mumbai to offer fintech solutions

Om Athavale

Software and consultancy services platform ThoughtWorks announced today that it has opened a new office in Mumbai. The Chicago-based ....

9 July, 2019

Fintech startup Rubique scales down operations amid NBFC liquidity drought

Binu Paul

Financial products marketplace Rubique Technologies India Pvt. Ltd is scaling down operations and trimming workforce amid rising ....

2 July, 2019

Former Standard Chartered exec joins digital lending firm Finnable as co-founder

Om Athavale

Digital lending firm Finnable Credit Pvt. Ltd announced on Wednesday that Amit Arora has come on board as a co-founder.  Arora ....

26 June, 2019

Prime Venture Partners invests seed money in fintech startup Recko

Payal Ganguly

Recko, a fintech startup that helps companies reconcile digital transactions, has raised $1 million (around Rs 6.93 crore) in ....

26 June, 2019
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SAIF Partners leads seed investment in fintech startup Finwego

Kavya Kothiyal

Education-focussed fintech startup Finwego on Wednesday said it has raised $1.7 million (Rs 12 crore) in its seed funding round ....

19 June, 2019

Lending platform MoneyLoji acquires Inblox to leverage blockchain tech

Om Athavale

Artificial intelligence-driven lending platform MoneyLoji has acquired a majority stake in fintech startup Inblox Network for ....

19 June, 2019

Maharashtra govt’s fintech hub floats funding platform for startups

Om Athavale

Mumbai FinTech Hub on Tuesday announced the launch of FInD (FinTech Investments and Deals), a platform aimed at facilitating exposure ....

18 June, 2019

BharatPe is banking on microcredit to usher in monetisation

Payal Ganguly

BharatPe wants to build a more meaningful relationship with your neighbourhood kirana store. The startup, which offers a QR code-based ....

17 June, 2019

Livspace co-founder, others back fintech startup GroMo

Kavya Kothiyal

Gurugram-based fintech platform GroMo has raised Rs 4 crore ($580,000 at current exchange rate) in a seed funding led by angel ....

12 June, 2019

Microsoft ties up with advisory GA Partners to aid Indian fintech startups

Tanmay Tiwary

US-headquartered technology giant Microsoft has collaborated with go-to-market advisory Ganymede Advisory Partners, which has ....

7 June, 2019

How FlexiLoans is using tech as its secret sauce to speed up loan approvals

Anand J

How long does it take to check 10,000 data points about a company? Digital lending firm FlexiLoans has built a machine learning ....

6 June, 2019

Pine Labs opens up payment gateway APIs to developers

Om Athavale

Pine Labs has opened up the application programming interfaces (APIs) of its payment gateway platform to developers. The payments ....

27 May, 2019

Accreditation criteria put out for investors of listed startups; Vision Document gets boost from Modi 2.0

Payal Ganguly

Capital market regulator Securities and Exchange Board of India (SEBI) has laid down a framework for the accreditation of investors ....

24 May, 2019

Startups embrace Modi mandate, hope for angel-tax abolition in BJP’s second term

Anand J

The startup and technology ecosystem has welcomed the big mandate won by the Bharatiya Janata Party (BJP)-led coalition in the ....

23 May, 2019

Fullerton India partners with fintech startup Stashfin for $15-mn lending deal

Vijayakumar Pitchiah

Delhi-based online lending platform Stashfin has tied up with financial services firm Fullerton India for a $15-million (Rs 104.32 ....

8 May, 2019