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How are Aye Finance's PE-VC backers faring as it eyes over $500 mn valuation in IPO?

Finance

17 December, 2024

How are Aye Finance's PE-VC backers faring as it eyes over $500 mn valuation in IPO?

A clutch of private equity, venture capital and impact investors are looking to monetise their investment in Aye Finance Ltd through the non-banking ......

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Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27

Finance

13 August, 2024

Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27

Aye Finance, a non-banking finance company which lends to micro, small and medium sector enterprises (MSME) in India, aims to ......

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Grapevine: Zetwerk in funding talks with CapitalG; power majors eye Sinnar Thermal

General

15 July, 2024

Grapevine: Zetwerk in funding talks with CapitalG; power majors eye Sinnar Thermal

Zetwerk, an Indian unicorn specialising in contract manufacturing of capital and consumer goods, is in talks to raise funds from CapitalG, ......

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VC-backed Aye Finance set to secure $30 mn in fresh capital

Finance

16 April, 2024

VC-backed Aye Finance set to secure $30 mn in fresh capital

Aye Finance, a non-banking finance company (NBFC), is set to raise $30 million (about Rs 250 crore) in fresh capital from ......

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Bottomline: Aye Finance returns to profit in FY23 as revenue, loan book grow

Finance

19 June, 2023

Bottomline: Aye Finance returns to profit in FY23 as revenue, loan book grow

Fintech lending startup Aye Finance made a remarkable turnaround in the financial year that ended March 2023, rebounding from a ......

Sequoia-backed Cuemath fires 100 employees; founder returns as CEO

TMT

08 May, 2023

Sequoia-backed Cuemath fires 100 employees; founder returns as CEO

Online math tutoring platform Cuemath has laid off 100 employees or nearly 12.5% of its 800-strong staff, becoming the latest ......

Aye Finance bags $10 mn from responsAbility

Finance

01 December, 2022

Aye Finance bags $10 mn from responsAbility

Lending startup Aye Finance, on Thursday announced that it has raised $10 million via external commercial borrowings (ECBs) from its ......

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Aye Finance eyes turnaround

Finance

30 November, 2022

Aye Finance eyes turnaround

Lending startup Aye Finance aims to post a net profit this financial year, rebounding from a loss last year, on ......

Aye Finance snags Rs 87 cr in debt funding

Finance

16 November, 2022

Aye Finance snags Rs 87 cr in debt funding

Fintech lender Aye Finance on Wednesday raised about Rs 87 crore (about $10.7 million) in debt from Swiss impact investor ......

Cuemath raises $57 Mn led by Alpha Wave, valuation doubles to $407 mn

TMT

01 June, 2022

Cuemath raises $57 Mn led by Alpha Wave, valuation doubles to $407 mn

Online math tutoring platform Cuemath, on Wednesday, said it has raised $57 million (around Rs 438 crore) in a funding ......