Wealth management firm Client Associates makes first close at Rs 300 crore of maiden startup fund The new fund will focus on startups from pre-Series A to Series B stages of growth predominantly in the consumer and… 1 year ago
MSME neobank Open eyes profitability in a year and a half: Interview | CEO Anish Achuthan “When you look at the larger market with 61-70 million MSMEs, which includes a lot of long-tailed businesses, even if… 1 year ago
VC firm Good Capital to invest $25 million in AI startups this financial year The company said it will focus primarily on cleantech, e-commerce, edtech, healthtech, SaaS, and deeptech segments. 1 year ago
Working capital provider C2FO goes live on RBI’s TReDS platform to solve working capital woes for MSMEs C2FO’s wholly-owned subsidiary C2FO Factoring Solutions had received the final approval from the Reserve Bank of India in March 2024… 1 year ago
Impact investor Aavishkaar Capital leads Rs 41 crore funding in packaged foods startup Go DESi This was the seventh investment from the $150 million Aavishkaar India Fund VI that focuses across impact sectors including financial… 1 year ago
Banks deployed Rs 24.6 lakh crore credit to MSMEs in March: RBI data Total bank credit to MSMEs under priority sector lending in March was 15 per cent of Rs 164.11 lakh crore… 1 year ago
IvyCap Ventures closes third fund at Rs 2,100 crore to back Series A startups; AUM jumps to Rs 5,000 crore IvyCap has earmarked Rs 100 crore to fund seed-stage startups through a separate team leveraging its IvyCamp platform, collaborating with… 1 year ago
Snapdeal’s Kunal Bahl to founders: Not asking questions to investors post funding pitch is ‘big missed opportunity’ In a post on X (formerly Twitter) on Tuesday, Bahl said founders, if given the opportunity by investors to ask… 1 year ago
Why the SMB financing gap in India is an exciting opportunity for fintech founders SMB financing in India presents a large opportunity for fintech founders, who can leverage technology to shape the future of… 1 year ago
Former OYO executive Vivek Sinha launches training, recruitment startup with $11 million seed funding Beyond Odds Technologies raised seed funding round led by Matrix Partners India and Lightspeed with participation from InnoVen Capital (a… 1 year ago
Altum Credo raises $40 million from Z3Partners, Oikocredit, British International Investment, others The company said it will deploy the capital to grow its assets under management (AUM) by further enhancing its distribution… 1 year ago
Medulance raises $3M from Alkemi Growth Capital, Dexter Capital, boAt’s Aman Gupta, Emcure’s Namita Thapar The startup had raised Rs 2 crore in February last year for 2 per cent equity from Namita Thapar, Aman… 1 year ago
Biofuel company GPS Renewables raises $50 million debt from PNB, HDFC, ICICI Bank, SIDBI, others The company through its climate infrastructure platform – GPSR Arya is now looking to develop its own Compressed Biogas (CBG)… 1 year ago
B2B marketplace ProcMart raises $30M from Nandan Nilekani’s Fundamentum, Edelweiss Discovery Fund “ProcMart’s ability to grow consistently and sustainably year on year was impressive,” Prateek Jain, Principal, Fundamentum told FE Aspire. 1 year ago
Zerodha’s Nikhil Kamath launches grant fund WTFund for entrepreneurs under age 25; check details The new sector-agnostic fund will back entrepreneurs aged 25 and under with the potential to “revolutionize their industries through innovative… 1 year ago
Personal loan NBFC FincFriends raises $7.8 million from InCred Finance, Grow Money Capital, others The company said it will deploy capital towards increasing its customer base and amplifying its credit portfolio. 1 year ago
Fundraising in new market environment: ‘Founders should be prepared for deeper diligence periods’ As the financing markets remain competitive, founders need to focus on metrics that matter and adapt their approach to fundraising. 1 year ago
Finance firms led ECB spree in Feb These firms raised nearly $1 billion in February out of the total $2.2 billion 1 year agoApril 12, 2024
MSMEs will get collateral free loans of upto Rs 100 cr through a new credit assessment model by PSU banks: FM
