Tag Archives: fintech

Co-working office operator MyBranch opens 5 new centres in Gujarat

Office space solution provider MyBranch has opened five new ‘ready-to-move-in’ office spaces in tier II and III cities of Gujarat including Anand, Ankleshwar, Deesa, Bareja and Balasinor. With five new centres, MyBranch now has a total of seven centres across … Continue reading

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Das faces bigger challenge in second term to leave a legacy

Mumbai: Forecasts in financial markets, more often than not, end up being way off the mark. But one forecast that everyone involved in crystal-ball gazing on the Indian economy seems to have got right was the reappointment of Shaktikanta Das … Continue reading

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IPO market primed for future; valuations not comfortable: Dinshaw Irani

We believe the markets are at fair valuations today, given the level of interest rates, says Dinshaw Irani, CIO, Helios India. Nykaa IPO opens today, Paytm IPO opens very soon and then you got Policybazaar. These are good, relevant companies … Continue reading

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Stride Ventures leads Rs 10 crore debt round in Sequoia-backed Progcap

Stride Ventures has led a debt round of Rs 10 crore in Progcap – a fintech player providing access to collateral-free working capital to retailers. The fund is committed to being a strategic partner in Progcap’s growth journey. This is … Continue reading

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Pencilton raises $330K in a pre-seed round by Jupiter, others

HYDERABAD: Pencilton, a teen-focused fintech company, has announced raising $330K in a pre-seed round led by Jupiter (registered as Amica Financial Technologies Pvt. Ltd). The round also saw participation from Nilesh Patel and Prashant Singh (Founders, LeadSquared), Ashish Sharma (MD, … Continue reading

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Florintree, Ritesh Agarwal invest Rs 50 crore in Freight Tiger

The Mumbai-based Florintree Capital, along with a clutch of investors, invested about Rs50 crore ($6.5 million) in Freight Tiger, India’s largest digital freight network. The round also saw participation from Oyo Founder, Ritesh Agarwal’s family office Aroa Ventures and existing … Continue reading

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Demand for agricultural loans and storage facilities expected to go up in the ongoing kharif season

Demand for agricultural loans and storage facilities is expected to increase significantly in the ongoing kharif season as the pandemic situation seems under control and the impact of erratic rains remains minimal, agri financing and warehousing companies have said. They … Continue reading

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Teflon market: Nilesh Shah explains why the market is not correcting

When money flow, sentiments and fundamentals are alright, the market climbs the wall of worries, says Nilesh Shah, MD, Kotak AMC From last six months we have argued that this market is due for a correction, valuations are looking slightly … Continue reading

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Bankers, the frontline warriors in India’s coming fintech revolution

One week you are operating out of your corner office with the coveted view, dressed in a fitted suit, with a secretary whose job it is to make sure you remain as stress-free as possible. The next, you are working … Continue reading

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Fintech among top 5 sectors for funding in 2016: Deloitte

MUMBAI: Indian FinTech is one of top five markets by value of capital funding and investments in the sector with nearly USD 270 million of funding in 2016, according to a recent report. The report also noted that in medium-term … Continue reading

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