Mintoak Secures Rs 71 Crore in Secondary Funding Led by Z3Partners to Expand Merchant SaaS Solutions.
Mintoak, a merchant SaaS platform specializing in solutions for banks and merchant acquirers, has raised Rs 71 crore (approximately $8.2 million) in a secondary funding round led by Z3Partners. This transaction marks a strategic milestone as Z3Partners acquires a minority stake from some of Mintoak’s early institutional investors. The company has chosen not to disclose […]
Mudrex Wins Court Order Against Fraudulent Websites
Mudrex Becomes First Crypto Platform to Fight Legal Battle to Ensure Investor Protection August 30th, 2024 — Mudrex, a global crypto investment platform has secured an order in its favor against a network of fraudulent websites that have been illegally using Mudrex’s trademarks to deceive the public. The Delhi High court under the Honorable Justice, […]
Yubi Founder Gaurav Kumar Infuses Rs 250 Crore into His Fintech Unicorn
In a significant move reflecting his confidence in the future of his company, Gaurav Kumar, founder and CEO of fintech unicorn Yubi (formerly CredAvenue), has infused Rs 250 crore ($30 million) in equity capital into the startup. This marks one of the largest personal capital investments by a founder in a technology company in recent […]
Fintech Startup Multipl Raises $1.5 Million to Revolutionize Mutual Fund Investments.
Multipl, a Bengaluru-based fintech platform, has secured $1.5 million (Rs 12 crore) in an extended seed funding round co-led by Blume Ventures and MIXI Global Investments, Inc. This follows an initial $3 million raised in May 2022 from investors including Blume Ventures, GrowX Ventures, IIFL, and Kotak Securities Limited. Founded in 2020 by Paddy Raghavan, […]
Fintech Startup CheQ Raises $2.2 Million in Extended Seed Round.
Bengaluru-based fintech startup CheQ, a platform specializing in credit card bill payment management, has successfully secured an additional Rs 18.5 crore (approximately $2.2 million) in its extended seed round. This funding marks the second tranche for the company, following a $4.5 million round reported last month. The latest capital injection was confirmed through regulatory filings, […]
Fintech Startup POP Raises $2.4 Million to Expand Its UPI Payment Service and Reward System
In a significant move for the fintech sector, Bengaluru-based startup POP has secured $2.4 million in a seed funding round led by India Quotient, accompanied by key angel investors. The funding underscores investor confidence in POP’s innovative approach to digital payments and consumer rewards. A notable development accompanying the funding is POP’s approval as a […]
Prosperr.io Secures $1.55 Million in Pre-Seed Funding Led by Gokul Rajaram.
Prosperr.io, a fintech SaaS platform focused on automating income tax management, has successfully raised $1.55 million in a pre-seed funding round led by Gokul Rajaram, a prominent board member at Pinterest and Coinbase. This funding round also attracted investments from several notable angel investors including Vinodh Bhat, President & Co-founder of JioSaavn; Ramakant Sharma, founder […]
CredAble Secures Rs 30 Crore from SIDBI to Boost MSMEs and Women-led Businesses.
Fintech startup CredAble has successfully raised Rs 30 crore ($3.6 million) in debt funding from the Small Industries Development Bank of India (SIDBI). This significant financial boost will enable CredAble to enhance its operations and provide more affordable financing solutions to micro, small, and medium enterprises (MSMEs), as well as women-led businesses in India. Founded […]
Fibe Secures $90 Million in Series E Funding to Fuel Expansion.
Digital lending startup Fibe has raised $90 million in a Series E round, attracting investments from TR Capital, Trifecta Capital, and Amara Partners. The round also saw participation from existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures, and Chiratae Ventures, encompassing both primary and secondary transactions. Digital lending platform Fibe, previously known […]
CirclePe Secures Nearly $1 Million in Pre-Seed Funding for Disruptive Smart Renting Solution.
In the latest stride toward revolutionizing the rental landscape, CirclePe, a burgeoning fintech startup, has successfully secured close to $1 million in its pre-seed funding round. Spearheaded by OTP Ventures and backed by a consortium of prominent investors, including 1947 Rise, iSeed, IIT Delhi, and Venture Catalyst, along with contributions from key figures in the […]
