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 Bottomline: VC-backed digital lender Ring looks to sustain AUM, profit growth

Finance

26 November, 2024

Bottomline: VC-backed digital lender Ring looks to sustain AUM, profit growth

Onemi Technology Solutions Pvt. Ltd, which operates the digital lending platform Ring (erstwhile Kissht) and non-banking financial company (NBFC) Si ......

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Vertex Ventures' Kanika Mayar on India deal volume, new focus sectors and more

Finance

20 August, 2024

Vertex Ventures' Kanika Mayar on India deal volume, new focus sectors and more

Vertex Ventures, which is backed by Singapore state investment firm Temasek Holdings and closed its fifth India and Southeast Asia-focused ......

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Anxiety grips digital lenders after reports on banning apps

Finance

08 February, 2023

Anxiety grips digital lenders after reports on banning apps

Ever since a report on the government banning about 138 gambling apps and 94 loan apps over concerns of “Chinese ......

PayU's LazyPay, Kissht blocked after IT Ministry's order

Finance

07 February, 2023

PayU's LazyPay, Kissht blocked after IT Ministry's order

Digital lending platforms LazyPay and Kissht were impacted by the Ministry of Electronics and Information Technology’s (MeitY) latest move banning ......

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Deals Digest: Companies raise $785 mn this week; Purplle, PhysicsWallah enter unicorn club

TMT

10 June, 2022

Deals Digest: Companies raise $785 mn this week; Purplle, PhysicsWallah enter unicorn club

Companies raised $785 million in venture capital (VC) and private equity (PE) funding this week, higher than last week’s $706 ......

Kissht raises $80 mn in round led by Vertex Growth, Brunei Investment

TMT

08 June, 2022

Kissht raises $80 mn in round led by Vertex Growth, Brunei Investment

Small business credit platform Kissht, operated by OnEMI Technology Solutions Pvt. Ltd, has raised $80 million (around Rs 616 crore) in a round led by Vertex Growth and Brunei Investment Agency. The round also saw participation from existing investors Vertex Ventures ......

Vertex Ventures-backed Kissht raises Rs 100 cr in debt from Trifecta Capital, Northern Arc

TMT

27 January, 2022

Vertex Ventures-backed Kissht raises Rs 100 cr in debt from Trifecta Capital, Northern Arc

Vertex Ventures-backed small business lending platform Kissht, operated by OnEMi Technology Solutions Pvt Ltd, has raised Rs 100 crore ($13.36 million) in a debt funding ......

Podcast: Ventureast partner on fund update, valuations and more

Finance

29 September, 2020

Podcast: Ventureast partner on fund update, valuations and more

Ventureast has been investing in India since 1997 with focus on sectors like clean energy, health-tech and life sciences, and ......

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One in five top-funded Indian startups started making profits: VCCircle study

TMT

05 March, 2020

One in five top-funded Indian startups started making profits: VCCircle study

The path to profitability of portfolio companies has been a burning issue in the venture ecosystem in India for the ......

Grapevine: Multiples may lead Kissht funding; govt to invite bids for Air India soon

General

09 October, 2019

Grapevine: Multiples may lead Kissht funding; govt to invite bids for Air India soon

Multiples Alternate Asset Management Pvt. Ltd is in talks to lead a $60 million (about Rs 427 crore at current ......