Tagged: india

June 10, 2022 @ 6:38 pm By Omar Faridi  |  

ICICI Bank recently announced that it has teamed up with ZestMoney, a digital EMI/ pay-later platform, in order to expand its ‘Cardless EMI’ facility “for purchases at retail and e-commerce platforms.” The partnership enhances affordability for millions of customers of the Bank who can use… Read More

June 8, 2022 @ 10:47 pm By Omar Faridi  |  

Ever imagine visiting your banking branch virtually (without having to leave your residence) or conveniently discussing investment plans with a financial advisor? Well, the day is not so far away when you may have the option to transact, access banking details and access various banking… Read More

June 5, 2022 @ 10:40 pm By Omar Faridi  |  

Indian Fintech firm Razorpay notes that Slack has become one of the “most popular” communication apps used in businesses today. As mentioned in a blog post by Razorpay, Slack is a digital workplace communication tool that “connects you to people and tools you work with.”… Read More

June 3, 2022 @ 9:18 am By Omar Faridi  |  

Wirex, a crypto payments company, is expanding the suite of top-up methods on their non-custodial wallet “for Indian customers.” The addition of this popular payment option to purchase crypto “will make the digital economy more accessible for over 1 billion people in India.” The Wirex… Read More

May 26, 2022 @ 11:56 pm By Omar Faridi  |  

CoinDCX, which claims to be one of India’s largest and the “most valuable” crypto companies, has announced the launch of its new crypto yield program, ‘Earn’, which is described as a new way for CoinDCX’s customers “to put their crypto to work and earn interest… Read More

May 24, 2022 @ 6:38 pm By Omar Faridi  |  

BUD, a Metaverse user-generated platform, recently announced its $36.8M Series B round led by Sequoia Capital India “with participation from ClearVue Partners, NetEase and Northern Light Venture Capital.” Existing investors GGV Capital, Qiming Venture Partners and Source Code Capital also participated in the investment round…. Read More

May 12, 2022 @ 9:04 am By Omar Faridi  |  

CoinDCX, which claims to be one of India’s largest and “most valuable” crypto companies, recently announced the launch of CoinDCX Ventures, which is described as an investment initiative funding early-stage crypto and blockchain startups, “bolstering India’s digital asset ecosystem and accelerating the transformation of India’s… Read More

May 8, 2022 @ 4:26 pm By Omar Faridi  |  

CleverTap, which claims to be one of the leading retention Clouds, recently added to its core leadership team “with the appointment of Honey Bajaj as SVP & Global Chief of Consumer Experience.” In this position, Bajaj will be expected to “pioneer CleverTap’s extensive program to… Read More

May 7, 2022 @ 1:36 pm By Omar Faridi  |  

Kaleidofin, a Fintech firm from India, has finalized a second close to its $15 million Series B equity round. The company’s latest investment round has been led by the Michael and Susan Dell Foundation. The recent round takes the total funding secured by Kaleidofin to… Read More

May 4, 2022 @ 10:47 pm By Omar Faridi  |  

Biometrics firm, Fingerprint Cards AB and Mswipe, which claims to be one of India’s leading end-to-end digital enablers for SMEs will collaborate and “bring biometric debit and credit card to India, targeting 940 million active payment card customers.” Further, Fingerprint’s “proven” biometric technology along with… Read More

May 3, 2022 @ 10:02 pm By Omar Faridi  |  

Open Financial Technologies has reportedly acquired $50 million in capital via a Series D funding round that was led by IIFL Finance. Existing investors Tiger Global, Temasek and 3one4 Capital have also made contributions to  Open Financial Technologies latest investment round. Neobanking platform Open Financial… Read More

May 1, 2022 @ 6:18 pm By Omar Faridi  |  

ICICI Bank (BSE: ICICIBANK, NYSE:IBN) announced that it has introduced India’s “first” comprehensive digital ecosystem for all MSMEs in the country, “including customers of other banks.” The ecosystem “has three pillars: i) enhanced banking services for existing customers, ii) a bouquet of banking services to… Read More

April 30, 2022 @ 12:30 pm By Omar Faridi  |  

KreditBee, which claims to be one of India’s “leading” Fintech platforms, recently announced the launch of ‘KreditBee 24K Gold’, a digital gold investment product. Clients may “securely” purchase digital gold “with 99.5% purity at live market rates with a single tap on the KreditBee app.”… Read More

April 24, 2022 @ 9:10 pm By Omar Faridi  |  

Chargebee, the subscription management platform, recently revealed it has teamed up with Razorpay, India’s full-stack financial solutions firm, in order to provide subscription billing services across the country. The collaboration confirms Chargebee’s ongoing commitment to customer growth and globalization with expanded capabilities to address complex… Read More

April 20, 2022 @ 12:50 am By Omar Faridi  |  

If you’re an Indian exporter, then you may need to care about the European market, according to an update from Razorpay. The European Union is reportedly India’s second-largest destination for exports and is India’s third-largest trading partner, “accounting for €62.8 billion worth of trade in… Read More

April 19, 2022 @ 9:57 pm By Omar Faridi  |  

LegalPay, an India-based litigation and interim finance provider, has teamed up with Florida-headquartered hedge fund Naples Global in order to introduce a $5 million fund for founders so they can protect their rights during board-related disputes. The new fund has mainly committed $5 million (appr…. Read More

April 19, 2022 @ 4:07 pm By Omar Faridi  |  

CoinDCX, which is among India’s leading players in the cryptocurrency sector, has finalized an oversubscribed round, over $135 million, in their Series D funding. The investment round was led by Pantera and Steadview along with contributions from investors such as Kingsway, DraperDragon, Republic, and Kindred…. Read More

April 17, 2022 @ 11:57 pm By Omar Faridi  |  

Merchant commerce platform, Pine Labs recently announced that it has made a “significant” majority investment into Mosambee, an end-to-end payment solution provider in India. This investment by Pine Labs will now “value Mosambee at upwards of USD 100m.” Amrish Rau, CEO at Pine Labs, said:… Read More

April 4, 2022 @ 10:37 pm By Omar Faridi  |  

During the COVID-19 pandemic in 2020, many businesses either started their first online marketing campaigns or scaled them “to make them more consistent,” the team at Razorpay notes. Not only that, many businesses “scaled the usage of SaaS tools and cloud servers that make operations… Read More

March 25, 2022 @ 8:38 pm By Omar Faridi  |  

Indian Fintech firm Credilio has acquired $4 million in capital via a pre- Series A round from several key investors. Credilio’s investment round has been led by Cornerstone Venture Partners Fund. The round also included contributions from Exfinity Venture Partners and the founder of Param… Read More