Investment Platform Groww Raises $251 Million At A Valuation Of $3 Billion
Groww, an investment platform, has raised $ 251 million at a valuation of $3 billion in a Series-E funding round led by Iconiq Growth. Investors like Alkeon, Lone Pine Capital and Steadfast and Groww’s existing investors Sequoia Capital, Ribbit Capital, YC Continuity, Tiger Global, and Propel Venture Partners also participated in […]
CredAble Raises $30M In Series B Funding Round
CredAble, a fintech firm, has raised $30 million (about Rs 225.4 crore) in a Series B funding round. The funding round was co-led by Plutus Wealth Management and its associates and existing investor Oaks Asset Management. As per the fintech firm, the raised funds will be used to enhance CredAble’s […]
Fintech Firm Tala Raises $145 Million In Latest Funding Round
Tala, a Bengaluru-based fintech firm, has raised $145 million in its Series E funding round led by Upstart with participation from the Stellar Enterprise Foundation. Existing investors, including IVP, Revolution Growth, and Lowercase Capital, along with new investors, Kindred Ventures and the J Safra Group, also participated in the funding […]
smallcase Acquihires Founding Team Of Nirvana.Work To Focus On SaaS Offering
Fintech startup smallcase has acquihired the founding team of Nirvana.work to support its move towards becoming a SaaS platform. First reported by Your Story, smallcase now aims to move in the direction of becoming a SaaS platform and making the investor experience even better. The fintech startup wants to create […]
Fintech Startup Progcap Raises $30M In Series C Funding
New Delhi-based fintech startup Progcap has raised $30 million in Series C funding round from existing investors- Tiger Global Management and Creation Investments. The funding round also saw participation from Sequoia Capital India, which had led the last two funding rounds for Progcap. The fintech startup plans to use the raised capital […]
Fintech Startup CashBook Raises $2.3M In Seed Funding
CashBook, a cash accounting app for SMBs, has raised $2.3 million in a seed funding round led by prominent VCs JAM and Better Tomorrow Ventures. The funding round also saw participation from Kunal Shah, Anupam Mittal, and a host of other angel investors. The fintech startup plans to use the funds to further enhance the product and expand its […]
Mumbai-based Fintech Sanctum Wealth Raises Rs 78 Cr From The Xander Group
Sanctum Wealth, a Mumbai-based fintech startup, has raised Rs 78 crore in funding from The Xander Group’s Singapore-based financial services arm. The fintech startup plans to use the raised funds to target more clients and increase client coverage. Additionally, the startup plans to use the funds to strengthen its operating […]
Fintech Startup Chqbook Raises Rs 40 Cr In Pre-Series B Funding
Fintech startup Chqbook has raised Rs 40 crore in a pre-Series B funding round led by existing investors Aavishkaar Capital and the Rajiv Dadlani Group, among others. Earlsfield Capital UK, family offices, and HNI investors such as Jeremy Lim, Nilesh Srivastava, and Bhupesh Kumar, among others, also participated in the funding round. […]
Fintech Startup HappyCredit Raises Rs 5 Cr In Pre-seed Funding
HappyCredit, a Bengaluru-based fintech startup offering an instant cashback rewards application, has raised Rs 5 crore in a pre-seed funding round. Kunal Shah (Founder and CEO of CRED) Krishna Kumar (Founder and CEO of Simplilearn) participated in the funding round. The round also saw participation from US and Canada based investors like Goodwater Capital, MyAsiaVC, Magic […]
Raipur-based Fintech Startup GimBooks Raises Seed Funding
Raipur-based fintech startup GimBooks has raised undisclosed seed funding from a network of angel investors pooled by First Check Ventures through the US-based AngelList platform. Led by Ali Jamal, Founding Partner at First Check Ventures, the funding round also saw participation from Y Combinator, which invested about $1,25,000. As per […]