Microfinance profitability likely to be curbed this fiscal amid asset quality issue: Report The risk-based pricing adopted by MFIs after the removal of interest margin cap and stronger balance sheets will limit the… 1 year ago
MSMEs contribution to economy set to rise upto 40 pc by 2027 from current 30 pc: U Gro Report The report also highlighted that the MSMEs will play a crucial role in India achieving its goal of become a… 1 year ago
Whatfix raises $125 million from Warburg Pincus, SoftBank in Series E round of funding The company said the new round is being raised at a significant premium and will be deployed to improve its… 1 year ago
Startup funding: VC deals jump 53% during Jan-August 2024; deal volume up 5% India was also among the top five markets globally for VC funding both in terms of deal volume and value… 1 year ago
SIDBI posts highest-ever net profit in FY24; net NPA at 0% SIDBI said it surpassed the milestone figure of Rs 5 lakh crore balance sheet in FY24 with its asset base… 1 year ago
Chatbot startup CoRover raises $4 million led by Venture Catalysts CanBank Venture Capital Fund (CVCFL), IIM Calcutta (Innovation Park), IIIT Delhi (iHub Anubhuti IIITD Foundation), Cogniphy LLC, Karekeba Ventures, Lead… 1 year ago
Visa processing startup Atlys raises $20 million from Peak XV, Elevation Capital, DST Global, others Speaking on the fundraising, Mohak Nahta, Founder and CEO of Atlys said the company has seen 20x growth over the… 1 year ago
Bhupender Yadav says Centre will provide financial support to waste recycling startups The minister was speaking after taking part in a Beach Cleanup Campaign at the Juhu beach here as part of… 1 year ago
Climate tech: Less than 3% of startups have reached Series B or beyond funding levels, says report Climate tech startup ecosystem, represented by over 800 operational climate tech startups, has raised over $3.6 billion between 2014 and… 1 year ago
Capital A launches Rs 400 crore fund to back manufacturing, climate startups The company is aiming to mark the first close of the fund by the end of 2025. 1 year ago
Aye Finance closes Rs 250 crore Series G round from ABC Impact, British International Investment The latest round would take the company’s total equity capital infusion to Rs 1,250 crore. 1 year ago
CGTMSE guarantee coverage for women MSMEs increased to 90%: MSME Ministry The scheme was extended to women-owned MSEs in December 2022 to provide credit guarantee of 85 per cent for loans… 1 year ago
Short news app Way2News raises $14 million from WestBridge Capital, investor Sashi Reddi The company said it would deploy the latest capital infusion, which comes two years after its Series A round, in… 1 year ago
PM Vishwakarma 1 year report card: How Rs 13,000 crore scheme fared; know key benefits The five-year scheme with a corpus of Rs 13,000 crore enables up to Rs 3 lakh collateral-free loan to artisans… 1 year ago
Veefin makes third acquisition this year with digital lending platform EpikIndifi for Rs 125 crore EpikIndifi is the third acquisition for the company since June this year in its efforts to expand into an end-to-end… 1 year ago
Stand-Up India loan for women, SC-ST entrepreneurs: Here’s how to apply Till June of the current year, 7,152 loans were sanctioned and 2,743 were disbursed under the scheme. 1 year ago
Ask AI: Here’s how much salary a startup founder should draw As the era of pervasive AI enables businesses to push the boundaries of what they can do, we asked the… 1 year ago
Centricity raises $20M from Lightspeed, OYO’s Ritesh Agarwal, MS Dhoni family office, others Centricity said it would deploy capital to scale its two platforms – Invictus and One Digital with technology and talent… 1 year ago
