NCLT Approves Merger of Slice and North East Small Finance Bank
The National Company Law Tribunal (NCLT) has approved the merger of Slice, a leading consumer payments and lending company, with…
Finance
Funding and Acquisitions in Indian Startups: A Week of Growth and Innovation
The week of August 12-17, 2024, witnessed a significant surge in funding and acquisitions within the Indian startup ecosystem. During…
PhonePe and Google Pay Dominate UPI Volume in July; Navi Sees 2x Spike
In July, the Unified Payments Interface (UPI) ecosystem witnessed significant growth, with PhonePe and Google Pay continuing to dominate the…
True Balance’s Profit Soars Over 2x to ₹138 Crore in FY24
True Balance, a fintech startup founded by South Korean entrepreneur Cheolwon Lee, has reported a remarkable surge in its net…
Skydo Raises $5 Million in Pre-Series A Funding Led by Elevation Capital
Skydo, a Bengaluru-based cross-border payments startup, has successfully raised $5 million in a pre-Series A funding round led by Elevation…
Peak XV-Backed Neo Raises Fresh Capital to Fuel Growth
In a significant development for the fintech industry, Neo, a wealth and asset management firm, has successfully raised $35 million…
CRED Launches Financial Management Platform: CRED Money
In a significant move to enhance personal finance management, Indian fintech startup CRED has launched its latest offering, CRED Money.…
Auxilo Secures $12 Million in Debt Financing to Boost Education Loans
In a significant development for the education finance sector, Auxilo, a leading non-banking financial company (NBFC) focused on education, has…
BlackSoil NBFC Raises Over Rs 200 Crore in Debt
BlackSoil NBFC, the flagship arm of BlackSoil Group, has successfully raised Rs 208 crore in debt funding. This significant financial…
Jio Financial Services Reports Flat Growth in Q1 FY25 Amid Declining Interest Income
Jio Financial Services has reported flat growth in its first quarter of FY25, with a significant decline in interest income.…