- Funding Galore: Indian Startup Funding Of The Week [30 April- 5 May 2018] We bring to you the latest edition Funding Galore: Indian Startup Funding of the week. This week 14 startups raised around $61.2 Mn in funding altogether. (The startup funding calculations are based on the startups that disclosed funding amount.) One of the biggest funding in the Indian startup ecosystem this week was Mumbai-based B2B online […]
- Capital Float Raises $7.2 Mn In Its First International Debt Investment Amazon Inc-backed online lending fintech startup Capital Float has raised its first international debt investment of $7.2 Mn (INR 48 Cr) from the Netherlands-based Triodos Investment Management, taking total debt raise to $130 Mn (INR 840 Cr) so far. The startup has previously raised debt investment from NBFCs in India, such as Kotak Mahindra Bank, […]
- Funding Galore: Indian Startup Funding Of The Week [23-28 April 2018] We bring to you the latest edition Funding Galore: Indian Startup Funding of the week. This week 17 startups raised around $64.2 Mn in funding altogether with Capital Float raising the biggest funding round of $22 Mn in the Indian startup ecosystem. (The startup funding calculations are based on the startups that disclosed funding amount.) […]
- Amazon Backs Capital Float With $22 Mn In Series C Funding SAIF Partners and Sequoia India-backed online lending platform Capital Float has raised $22 Mn in a follow-on Series C funding round from Amazon Inc. A Capital Float spokesperson confirmed the development to Inc42. Earlier in August 2017, the startup raised $45 Mn in Series C funding led by Silicon Valley-based Ribbit Capital with participation from […]
- Lending Platform FlexiLoans Raises $7 Mn In Debt Funding Mumbai-based digital SME lending platform FlexiLoans has raised an institutional debt funding of about $7 Mn (INR45 Cr) from Financial Institution(s). The funding will be used to expand its proprietary loans and supply chain financing segment. Founded by four ISB classmates Deepak Jain, Abhishek Kothari, Ritesh Jain and Manish Lunia in 2016, FlexiLoans is an […]
- Power2SME Raises $10 Mn In Equity Funding From IFC For Expansion Gurugram-based Power2SME, a ‘Buying Club’ for SMEs in India has raised $10 Mn in equity funding from the International Finance Corporation (IFC), the private investment arm of the World Bank. In addition to the investment, IFC will also advise Power2SME to help it expand beyond its current reach in 14 states. It will also improve […]
- Indian Startup Funding Of The Week [Funding Galore 21-26 Aug] We bring you the new edition Funding Galore: Indian Startup Funding of the week. The funding activity in the Indian startup ecosystem. This week 12 Indian startups raised about $244 Mn in funding. (The startup funding calculations are based on the startups that disclosed their funding amounts). Making it the biggest startup funding of the […]
- Riding On The FinTech Wave, Capital Float Rakes In $45 Mn To Take SME Lending To Next Level Bengaluru-based online SME lending platform Capital Float has raised $45 Mn Series C funding, led by Silicon Valley-based Ribbit Capital. The round also saw participation from existing investors SAIF Partners, Sequoia India and Creation Investments. Palo Alto-based Ribbit Capital is a global investment organisation focussed on the finance sector. This is Ribbit Capital’s fourth bet […]
- Indonesia Based P2P Lending Startup Investree Is Banking On Invoice Financing To Crack A $70 Bn Market Experience is the best teacher, mostly. In the case of Adrian Gunadi, co-founder of Indonesia-based startup Investree, experience was the guiding force to venture into the P2P lending space to accelerate credit accessibility and financial inclusion in Indonesia. A country where banks are not largely able to serve SMEs and small consumers. Says Adrian, whose […]
- UAE Hosts First Startup India Summit – Opens Gates for Indian Startups In Middle East India is the third-largest startup ecosystem in the world. It is climbing up to become number two by leading in tech innovation, to reach the next 6 Bn users. The ecosystem is looking to spread its wings far and wide and one such place it’s looking at is the Middle East. Earlier this week, the embassy […]
- Funding Galore: Indian Startup Fundings Of The Week [10 April – 15 April] In one of the biggest deals in Indian startup ecosystem, Flipkart swept in $1.4 Bn from Tencent, eBay, and Microsoft, at a post-transaction valuation of $11.6 Bn. Flipkart will buy eBay India operations as part of this deal. Also, eBay will infuse cash in Flipkart against an equity stake. Next up, Ola’s parent company ANI Technologies […]
- Capital Float Raises $2.3 Mn Funding From Mahindra And Mahindra Financial Services Bengaluru-based online lending platform for SME’s Capital Float has raised $2.3 Mn (INR 15 Cr) from Mahindra and Mahindra Financial Services. The funds have been raised against the allotment of non-convertible debentures (NCDs). Non-convertible debentures do not convert into equity shares, thus, can yield a higher interest rate. Co-founder Sashank Rishyasringa told ET, “The deal […]