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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 ......

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Lightrock-backed edtech firm Eupheus eyes M&As again. What's on its radar?

TMT

08 June, 2023

Lightrock-backed edtech firm Eupheus eyes M&As again. What's on its radar?

Eupheus Learning, an edtech company backed by private equity firm Lightrock India, is looking for inorganic growth opportunities in a ......

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Bottomline: Fintech firm NeoGrowth reins in bad loans, comes out of the red

TMT

02 June, 2023

Bottomline: Fintech firm NeoGrowth reins in bad loans, comes out of the red

Fintech lender NeoGrowth managed to rein in its bad loans in the last financial year and came out of the red, marking a turnaround from the ......

Chalo pockets $45 mn from Avataar Ventures, others

TMT

22 May, 2023

Chalo pockets $45 mn from Avataar Ventures, others

Transport-tech platform Chalo Mobility Pvt. Ltd, on Monday said it has raised $45 million in its Series D funding round ......

RBI's ban on SBM Bank's forex transactions hurts fintech firms

Finance

27 January, 2023

RBI's ban on SBM Bank's forex transactions hurts fintech firms

Wealthtech startups Vested Finance and IndMoney have been impacted after the Reserve Bank of India (RBI) had barred SBM Bank ......

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WayCool Foods in talks to raise $60 mn for organic growth

TMT

26 January, 2023

WayCool Foods in talks to raise $60 mn for organic growth

Food and agritech startup WayCool Foods & Products Pvt. Ltd is in initial talks to raise $50-60 million (₹408-490 crore) ......

Fintech startup NeoGrowth raises $10 mn from MicroVest

Finance

17 January, 2023

Fintech startup NeoGrowth raises $10 mn from MicroVest

NeoGrowth, a non-banking finance company with a focus on micro, small and medium enterprises (MSMEs), on Tuesday said it has ......

Former BetterPlace exec joins Scaler to lead data science, ML ops

People

12 January, 2023

Former BetterPlace exec joins Scaler to lead data science, ML ops

Sequoia Capital-backed edtech firm Scaler on Thursday appointed Manish Pansari as the senior vice president to its data science and ......

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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 ......

Sukoon raises $15 mn from Lightrock

TMT

23 November, 2022

Sukoon raises $15 mn from Lightrock

Private equity firm Lightrock India has invested $15 million for a majority stake in Gurugram-based psychiatric hospital Sukoon in one ......