Aye Finance

SoftBank invested $350 Mn in Delhivery making it a unicorn

Aye Finance raised $33.34 Mn in Series D

This week six startup acquisitions took place, four by Reliance

Aye Finance to use fund to develop its financial technology that includes data mining

Existing investors CapitalG, LGT and MAJ Invest also participated in the round.

Aye Finance claims to have serviced over 120,000 micro enterprises

Impact investment manager, responsAbility and existing investor Northern Arc lead the funding round

Aye Finance aims to further strengthen its lending portfolio

Aye Finance has disbursed loans worth $175.2 Mn (INR 1,250 Cr) so far

BYJU’S raised $328 Mn in Series F funding, valuation reaches $4 Bn

Housejoy raised $3.24 Mn in bridge funding

Roposo raised $10 Mn from Tiger Global and Bertelsmann

The deal was reportedly syndicated by Northern Arc

Accion Venture Lab has exited from the company

In November, Aye Finance raised $9.8 Mn in debt funding

This week’s biggest startup funding came to Mumbai-based digital lending application InCred which raised $41.9 Mn

For the week, $96.64Mn funding and one startup acquisition took place in the Indian startup ecosystem altogether

Gurugram-based ecommerce logistics company Delhivery may soon join the unicorn club with a fresh round of funding

The company plans to use the fresh funding to expand to newer geographies

Aye Finance will also disburse loans more actively to its existing borrower base

It wants to close the year with a loan book of more than $126.15 Mn

Mastercard partners with the iconic cricketer Mahendra Singh Dhoni as an ambassador

Walmart is reportedly bringing four of its executives to the team of Indian ecommerce unicorn Flipkart

Zomato has appointed G. T. Thomas Phillippe as its General Counsel

19 Startup Funding Took Place In The Indian Startup Ecosystem This Week [23 - 28 July 2018]

This is the 10th debt financing round for Aye Finance

Since January 2018, Aye Finance has raised INR 255 Cr of Debt

The latest debt funding round follows Series C round of $21.7 Mn in June

14 Startup Funding Took Place In The Indian Startup Ecosystem This Week [09-16 June 2018]

16 Startup Funding Took Place In The Indian Startup Ecosystem This Week [9-14 April 2018]