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Picus Capital to back 10-15 startups in 2022; eyes Web 3.0 bets

TMT

22 February, 2022

Picus Capital to back 10-15 startups in 2022; eyes Web 3.0 bets

Early-stage global investment firm Picus Capital will back 10-15 startups in India as the firm plans to increase its exposure ......

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Fintech services launch neobanks to offer credit, other banking solutions

Finance

09 February, 2022

Fintech services launch neobanks to offer credit, other banking solutions

India’s new-age financial technology services companies are increasingly launching neobanking platforms to offer credit and other banking solutions to customers ......

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Lightspeed eyes more bets on new themes like agritech, healthtech

Finance

31 January, 2022

Lightspeed eyes more bets on new themes like agritech, healthtech

Lightspeed, known for its bets on Byju’s, Oyo and ShareChat, expects to sharpen its focus on startups in the agritech ......

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Fintech is still in its early stage in India, says Sagar Agarvwal of Beams FinTech fund

TMT

28 January, 2022

Fintech is still in its early stage in India, says Sagar Agarvwal of Beams FinTech fund

Fintech space is set to see more market opportunities amid increase in domestic mergers and acquisitions (M&A) as smaller financial ......

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Beenext invests in two lending-focused fintech startups

Finance

28 December, 2021

Beenext invests in two lending-focused fintech startups

Singapore-based venture capital fund Beenext has invested in two local lending-focused fintech startups in a latest transaction, two persons familiar ......

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Mumbai-based mobile wallet firm becomes second fintech to go insolvent

TMT

22 October, 2021

Mumbai-based mobile wallet firm becomes second fintech to go insolvent

At a time when the fintech sector is flush with funds, and firms like Paytm, PhonePe and Mobikwik are in ......

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True North's seventh fund to focus more on investing in digital-first firms

Finance

18 October, 2021

True North's seventh fund to focus more on investing in digital-first firms

True North, one of the oldest Indian private equity (PE) firms, is readying to pump in money into digital-first companies ......

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WestBridge, Nexus-backed Biz2Credit set to raise over $500 mn in pre-IPO round

TMT

12 October, 2021

WestBridge, Nexus-backed Biz2Credit set to raise over $500 mn in pre-IPO round

Small and mid-sized enterprise (SME) fintech lending platform Biz2Credit Inc. is set to raise over $500 million to $1 billion ......

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Demographics and convenience spurring hyper growth in financial services: HDFC vice-chair, CEO

Finance

17 September, 2021

Demographics and convenience spurring hyper growth in financial services: HDFC vice-chair, CEO

Unprecedented growth in financial services is resulting from rapidly changing Indian demographics and consumer behaviour which is underpinned by the ......

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Northern Arc Capital sharpens focus on early-stage startups

Finance

07 September, 2021

Northern Arc Capital sharpens focus on early-stage startups

Digital debt financing platform Northern Arc Capital has begun sharpening its focus on financing early-stage startups, mid-market companies, and retail ......