fintech
Finance
Elevation Capital to expand focus on fintech space, financialisation of savings
Early-stage to growth-equity investment firm Elevation Capital, backer of the likes of Paytm, Swiggy, Acko, ShareChat and Meesho, among others, ......
General
Why Bessemer isn't so keen on fintech lending and payments businesses
Global venture capital firm Bessemer Venture Partners believes that fintech lending is no longer attractive and that the payments business ......
TMT
Cashfree strikes second bet with Gurugram fintech firm
Payments and banking solutions provider Cashfree Payments, which counts State Bank of India, Apis Partners, Smilegate Investment and Y Combinator ......
Finance
Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven
Digital lending platform ProgCap, which counts among its backers Sequoia Capital, Tiger Global and Google and has been operating a ......
TMT
Deals Digest: Deal volume halves as funding slumps this week
Deal volume nearly halved as venture capital and private equity funding activity saw a slight dip this week. Besides, mergers ......
Infrastructure
Startups, tech firms cut 20,000 jobs in six months
Tech and startup companies continue to lay off employees citing over-hiring, cost pressures and funding challenges. Over the next six ......
TMT
Cred's Kunal Shah lays out medium-term roadmap as losses mount
Fintech unicorn Cred is focusing on improving monetization from its existing users as its losses accumulated to over Rs 1,279.6 ......
Finance
Paytm's loan distribution business jumps four-fold in Jan
Fintech startup Paytm on Wednesday said its loan distribution business witnessed four-fold growth in January over the same period last ......
Finance
Budget 2023: What is the startup ecosystem thinking?
The Indian startup ecosystem witnessed multiple new developments on the policy front across various sectors, as finance minister Nirmala Sitharaman ......
TMT
LenDenClub to invest in six fintech startups under incubator program
Peer-to-peer (P2P) lending platform, LenDenClub’s corporate venture capital arm has onboarded six fintech firms on its startup incubator, Bharat FinTech ......