Byju’s Valued at $10.5 Billion, Tails Paytm For India’s Most Valued Startup
Byju’s the learning app has raised $400 million this year in a few months. They have been in a fundraising mode since the start of 2020 and have already secured…
MoneyTap raises ₹500 crores in a mix of equity and debt funding from Sequoia, RTP Global, others
MoneyTap, a Bengaluru-based consumer lending startup, has raised ₹500 crores in fresh equity and debt funding, reported ET. The latest equity round was led by Aquiline Technology Growth, RTP Global…
Fintech startup ZestMoney secures ₹106 crores in a round led by Goldman Sachs
Bengaluru-based digital lending startup ZestMoney has raised over ₹106 crores ($15 million) in a round led by Goldman Sachs, as reported by TechCrunch. Other existing investors that participated in the…
P2P lending startup Lendbox raises ₹6 crore in pre-series A led by IvyCap Ventures
New Delhi-based peer to peer (P2P) lending startup Lendbox has raised ₹6 crore in a pre-series A round led by IvyCap Ventures, as reported by Economic Times. The funds raised…
InCred grows significantly as revenues soar to ₹132 crore and posts a profit of ₹9 crore
Mumbai-based digital lending startup InCred witnessed a monumental growth, as its consolidated revenues rose to ₹132.44 crore in FY18, from merely ₹2.41 crore in FY17, witnessing a 55-fold growth, according…
Fintech startup InCred raises ₹300 crore from founder Bhupinder Singh, Paragon Partners, others
Mumbai-based digital lending startup InCred has raised over ₹300 crore in a funding round from its founder Bhupinder Singh, and some private equity investors including Paragon Partners, as reported by…
Capital Float revenues soar 150% to ₹135 crore, while loss widens to ₹92 crore in FY18
Bengaluru-based digital lending startup Capital Float, saw standalone revenues rise to ₹135.10 crore in FY18, from ₹53.84 crore in FY17, according to the company filings. For Capital Float, interest income…
Lendingkart nearly trebles revenue to ₹86.53 crore, while loss expands to ₹52.26 crore
Ahmedabad-based digital lending startup Lendingkart posted operating revenue of ₹86.53 crore in FY18, nearly trebling from ₹30.36 crore in FY17, according to documents filed with the Registrar of Companies (RoC).…
Digital lending startup NIRA raises ₹7.3 crore as seed capital from angels in India and UK
Bengaluru-based consumer financing startup NIRA has raised around ₹7.3 crore ($1 million) in seed funding from angel investors in UK and India. The funds raised will be used to accelerate…
Fintech startup AnyTimeLoan gets NBFC P2P licence from RBI
Hyderabad-based peer to peer (P2P) lending startup AnyTimeLoan, has secured Non-Banking Finance Company (NBFC) P2P licence from Reserve Bank of India (RBI). AnyTimeLoan, is now among the select group of…