Jaipur-based MSME-focused NBFC Finova Capital raised $135 million in a Series E funding round. The round saw participation from new investors Avataar Venture Partners., Sofina, Madison India Capital, and returning…
Paper Boat Foods has narrowed its FY24 loss by 48% to Rs 47.14 crore, from Rs 90.56 crore in FY23, driven by operating revenue and other income. Hector Beverages, the parent…
Vridhi Home Finance, a tech-enabled housing finance company, has raised Rs 310 crore in a Series B funding round led by Norwest Venture Partners. Elevation Capital and the company's founders…
Enterprise API Payments app Cashfree Payments on Tuesday secured Reserve Bank of India’s (RBI) Prepaid Payment Instrument (PPI) licence.The company said that it is one of the first fintechs to…
Quick commerce platforms such as Swiggy Instamart, Zomato's Blinkit, Tata's Bigbasket, and Zepto are delivering gold and silver coins to customers in 10 minutes to cater to the festive demand during…
KRAFTON India has become the anchor investor in IMM Investment's newly launched IMM India Fund. IMM Investment, a prominent South Korean investment firm with around $7 billion in assets under…
Bhavish Aggarwal-led Ola Electric’s share price has dropped below its debut price of Rs 76 for the first time after it got listed on India’s stock exchanges two months ago…
Soaring expenses weighed heavily on the profit of Lendingkart Technologies, despite the surge in revenue in FY24. The fintech firm's consolidated revenue from operations reached Rs 1,090.63 crore in FY24,…
Lending platform KreditBee has reported a 26.5% rise in profit to Rs 126.4 crore from Rs 99.92 crore in the previous year, helped by decline in expenses during the period,…
Enterprise automation platform EvoluteIQ has raised $20 million in equity and debt led by Round2 Capital, with participation from Nordea Growth Fund, DCAP Select, and PH ventures. The fresh capital…