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How dealmaking in financial inclusion sector panned out last year

Finance

31 March, 2023

How dealmaking in financial inclusion sector panned out last year

Private investments in Indian startups that seek to drive financial inclusion fell last year but remained double the level two ......

India lags in digital payments adoption, races ahead on innovation: VCCircle Summit

Finance

23 May, 2018

India lags in digital payments adoption, races ahead on innovation: VCCircle Summit

Though innovation in payments is quite high in India, digital adoption remains low, said panellists at the VCCircle Payments Summit ......

Development of MFIs crucial to financial inclusion: Panellists at VCCircle summit

Finance

29 November, 2017

Development of MFIs crucial to financial inclusion: Panellists at VCCircle summit

The success of India's financial inclusion drive hinges on the development of microfinance institutions (MFIs), panellists at the fifth edition ......

Micro-lender AYE Finance gets $3 mn in debt funding from SBI

Finance

10 May, 2017

Micro-lender AYE Finance gets $3 mn in debt funding from SBI

Gurgaon-based AYE Finance Pvt. Ltd, which lends to micro and small enterprises, has secured a credit line of Rs 20 ......

Lok Capital marks first close of new VC fund at $40.5 mn

General

16 June, 2016

Lok Capital marks first close of new VC fund at $40.5 mn

Impact investment firm Lok Capital said on Thursday it has raised $40.5 million (Rs 273 crore) to mark the first ......

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Lok Capital MD Vishal Mehta on social impact investing and exits during a slowdown

General

30 May, 2016

Lok Capital MD Vishal Mehta on social impact investing and exits during a slowdown

Impact venture capital firm Lok Capital raised about $87 million in its first two funds and is now set to ......

It will be difficult for payment banks to grow profitably in the first few years, say panelists at Techcircle Payments Forum

General

20 May, 2016

It will be difficult for payment banks to grow profitably in the first few years, say panelists at Techcircle Payments Forum

The yet-to-launch payment banks need to monetise the data on customers at the bottom of the pyramid, said panelists at ......