[Funding alert] Northern Arc raises $10M in ECB financing from Calvert Impact Capital

Chennai-based digital debt platform Northern Arc Capital has raised $10 million in debt from US-based Calvert Impact Capital via External Commercial Borrowing (ECB).  According to the company, this is Calvert Impact…

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PLI scheme can generate Rs 35-40T incremental revenue in 5 years, says Crisil report

The production-linked incentive (PLI) scheme that seeks to push domestic manufacturing in as many as 14 sectors has the potential to generate additional revenue worth Rs 35-40 lakh crore over…

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Paytm teams up with Ola, others, to apply for RBI’s digital payments umbrella entity

Paytm chief Vijay Shekhar Sharma has confirmed that the fintech giant was applying to constitute a New Umbrella Entity in partnership with several players including Ola, aiming to develop innovative…

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‘Remember to take a few steps back to move a few steps forward’ – 35 quotes of the week from Indian startup jo

Launched in 2014, StoryBites is a weekly feature from YourStory, featuring notable quotable quotes in our articles of this past week (see the previous post here). Share these 35 gems…

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[Funding alert] Capital Fresh raises $3M led by Matrix Partners India, Ankur Capital

Capital Fresh, the B2B marketplace for the seafood supply chain, has raised $3 million in seed capital led by Matrix Partners India and Ankur Capital India. The round also saw…

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[Startup Bharat] Ahmedabad-based Magenta BI aims to help Indian SMEs in their digitisation journey

Small and Medium Enterprises (SMEs) are starting to contribute significantly to the Indian economy. However, these businesses face innumerable challenges, especially on the digital front. While working for iBall, Vikalp…

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After their travel tech startup was acquired by Amex, these brothers chose to explore fintech

One of the biggest challenges for any business owner is finance and expense management, and how the two can be efficiently controlled. The role of the CFO becomes increasingly critical…

Continue ReadingAfter their travel tech startup was acquired by Amex, these brothers chose to explore fintech