Lending startup Aye Finance raises $10M from responsAbility

Aye Finance, a MSME lending platform, on Thursday announced that it has raised $10 million of ECB (External Commercial Borrowings) from Swiss-based responsAbility Investments AG. Headquartered in Zurich, responsAbility is…

Continue ReadingLending startup Aye Finance raises $10M from responsAbility

PrimeOS, SpeakIn, Cypherock, WriteSome, leap.club raise early-stage funding

PrimeOS raises $1M in seed round at a 3x valuationPrimeOS, an android-based operating system for laptops explicitly created for students, has announced that it has given exits to its investors…

Continue ReadingPrimeOS, SpeakIn, Cypherock, WriteSome, leap.club raise early-stage funding

Banking on affordable beauty, this Ludhiana startup is pitching against cosmetics giants

Beauty and cosmetics businesses remain largely immune from macroeconomic challenges, riding the ‘lipstick effect’ where consumers spend on small indulgences even during economic downturns. This is especially true for India…

Continue ReadingBanking on affordable beauty, this Ludhiana startup is pitching against cosmetics giants

How ShoprSmart.com is championing the cause of helping small box retailers thrive

While large retailers often gain the attention of bigger brands and easily maintain online visibility; it's the small-box retailers that lag behind in many cases. However, the pandemic was proof…

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Startup news and updates: daily roundup (December 1, 2022)

Payments firm IppoPay acquires fintech player Roamsoft TechnologiesIppoPay Technologies, a payments infrastructure company, said that it has acquired Roamsoft Technologies, a fintech IT products and services company located in Tamil…

Continue ReadingStartup news and updates: daily roundup (December 1, 2022)

Startup news and updates: daily roundup (December 1, 2022)

Payments firm IppoPay acquires fintech player Roamsoft TechnologiesIppoPay Technologies, a payments infrastructure company, said that it has acquired Roamsoft Technologies, a fintech IT products and services company located in Tamil…

Continue ReadingStartup news and updates: daily roundup (December 1, 2022)

Bumpy year for listed unicorns PolicyBazaar, Paytm, Zomato, Nykaa, down Rs 2 lakh crore cumulatively

The 500 most valuable companies in India are worth a total of Rs 226 lakh crore ($2.7 trillion), according to the second edition of the ‘2022 Burgundy Private Hurun India…

Continue ReadingBumpy year for listed unicorns PolicyBazaar, Paytm, Zomato, Nykaa, down Rs 2 lakh crore cumulatively