Tag: fintech startup
60% of unicorn founders achieved $1-billion valuation in maiden attempt: report
About 60% of the 261 unicorn founders in India who built a startup valued at over $1 billion did so in their first attempt, while…
Ashneer Grover: BharatPe settles legal dispute with Ashneer Grover, cofounder to cease being a shareholder in fintech startup
BharatPe and its cofounder Ashneer Grover have settled their two-year long legal dispute, according to a statement issued by the New Delhi-based fintech firm. “As…
KYC: Take KYC seriously: RBI’s clear message to fintechs
The Reserve Bank of India wants fintech startups to strictly follow the customer verification guidelines while onboarding new clients. Central bank officials conveyed this message…
Aurionpro Solutions to acquire fintech startup Arya AI for $16.5 million
Financial services software firm Aurionpro Solutions on Friday said it will acquire banking and insurance focused startup Arya.ai for $16.5 million (about Rs 138 crore).Under…
phonepe: PhonePe targets D2C route, more merchant revenue
PhonePe has built a full-stack payments solution for ecommerce platforms and, armed with an in-principle approval from the Reserve Bank of India for the payment…
ZestMoney: ZestMoney saga highlights drying NBFC credit flow
ZestMoney‘s abrupt closure was primarily driven by its non-bank lending partners’ decision to terminate credit lines to the fintech startup. Two people in the know…
housing easiloan investment: Housing to make strategic investment in home loan online marketplace Easiloan
Real estate portal Housing.com on Thursday said it has decided to make a strategic investment in fintech startup Easiloan, an online marketplace to facilitate home…
angel one: Angel One to focus on inorganic growth; makes first acquisition through Dstreet Finance
Mumbai-based stock broking firm Angel One has acquired fintech startup Dstreet Finance for an undisclosed amount, as the company seeks to focus on inorganic growth…
health care: Fintech startup Perfios announces employee stock buyback worth $18.5 million
Business-to-business fintech software provider Perfios on Tuesday unveiled an employee stock ownership plan (ESOP) buyback worth Rs 154 crore (about $18.5 million). The buyback will…
insurancedekho: Decoding InsuranceDekho’s back-to-back funding rounds amidst a funding winter
Insurance marketplace InsuranceDekho has raised a major $60 million funding round from a clutch of global investors. The round happened at a valuation of around…