Tagged: alok mittal

Indian Fintech Lenders are Concerned About Poor Monetary Transmission by Banks and Capping of Interest Rates: Report

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Indian Fintech firms that issue loans to SMEs have welcomed the government’s efforts to provide greater liquidity to the banking system. However, financial technology companies are concerned about the poor monetary transmission by local banks and the capping of interest rates. India’s non-bank lenders have… Read More

India Crowdfunding Platform Wishberry Secures Funds Through Pre-Series A Round Led By iSPIRT’s Sharad Sharma

Wishberry

India’s reward-based crowdfunding platform, Wishberry, announced on Wednesday it secured an undisclosed amount during its Pre-Series A Funding round through LetsVenture. The funding portal revealed that the lead investor was Sharad Sharma from iSPIRT, along with Google’s Rajan Anandan, Amit Ranjan of SlideShare, Alok Mittal from IAN,… Read More

Indian Fintecher Indifi Secures $10M in Series B Funding Round Led by Omidyar Network

Smita Aggarwal

Gurugram, India-based platform for enabling debt-financing for small businesses Indifi has raised $10 Mn in a Series B funding round led by Omidyar Network. Existing investors Accel Partners and Elevar Equity also participated in the round. Indifi Technologies, while maintaining its focus on MSME businesses, intends to direct the investments toward… Read More

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