Banking & Finance

The virtual events market to grow at 24% CAGR over the next few years Zuddl, the all-in-one platform for virtual and hybrid events founded by Indian origin technocrats in May 2020, has closed US$13.35 million in Series A funding, led...

Agrawal raises Rs.80cr in first closing of Rs.400cr Series D Round Having raised Rs.80 crore in a first closing of ongoing Series D Round, Innoviti Payment Solutions Pvt Ltd aims to become the purchase partner to every Indian and fuel...

Mishra hiring to make his startup to be hospitality platform Having received first external funding from a US-based investor, Bangalore's Bag2Bag says its future plans are promising and its team has established Investor’s belief in the startup, which deals in...

Raman Kumar says Vision 3.0 is the next frontier for growth and opportunity Mumbai-headquartered CASHe said the recently closed Rs.140 crores of equity funding from its Singapore-based holding company TSLC Pte Ltd will support plans to invest substantially in creating...

Banks in India handle one of the largest volumes in the world, 2021 remittance $87bn Fable Fintech is embarking on global expansion with its payment technology, citing that payment volumes are expected to cross the US$156 trillion mark in 2022...

Uni Cards' Gupta sees a huge whitespace for Fintech innovation New York's Scienaptic AI, a leading global AI-powered credit decision platform provider, has announced the deployment of its technology for Uni Cards. This implementation will enable Uni Cards to expand...

SFBs have been able to maintain a favourable asset-liability maturity profile The small finance banks (SFBs) are expected to register around 20% growth in assets under management (AUM) in FY2022 compared to 18% witnessed in FY2021. Comparatively, the FY2022 projected...

Various measures undertaken by RBI and Government supported liquidity among MFIs Favourable factors provide hope for better growth prospects in the assets under management (AUM) in FY2022 with an estimated growth rate of 12-15%, according to ICRA Vice President and...

Indian Overseas Bank and Citi Bank finance two projects Waaree Energies has supplied 335 Wp Poly solar modules to Avanti Renewable Energy Private Limited's 1.56 MW project at Survey No- 105/2, Hothragondahalli village, Mathodu Hubbli Kerehalli Post, Chitradurga district of...

Annapurna is well positioned to help customers adopt clean energy solutions, says Arora Odisha-based Annapurna Finance, with a pan India rural distribution network, has raised US$35 million as its third capital within a year, backed by investors including Accion from...