- Funding Galore: Indian Startup Funding Of The Week [9-14 April 2018] We bring to you the latest edition Funding Galore: Indian Startup Funding of the week. This week 16 startups raised around $29.4 Mn in funding altogether in the Indian startup ecosystem. (The startup funding calculations are based on the startups that disclosed funding amount.) One of the biggest Indian startup funding news this week was […]
- RBI Proposes Guidelines To Regulate P2P Lending Business As the online lending marketplaces evolve within the fintech ecosystem, the Reserve Bank of India (RBI) has proposed that peer-to-peer (P2P) lending platforms will register as non-banking finance companies (NBFCs). The proposal comes in order to regulate these lending platforms and bring them under the regulatory purview of the central bank. The P2P lending or online […]
- Funding Galore: Startup Fundings Of The Week [22 February – 27 February] Ibibo Group raised $250 Mn from global internet & media company Naspers, and China’s leading internet firm Tencent. The investment will be used to expand Ibibo’s reach within the Indian hospitality sector, and on additional technology innovations. This week 26 startups raised about $289 Mn in funding altogether (the funding amount is based on the […]
- Lending Marketplace Startup, Loanzen, Raises Seed Funding Through Tracxn Syndicate Bangalore-based peer to peer lending marketplace startup, Loanzen, has raised an undisclosed amount of seed funding from Tracxn Labs, and angel investors, through Tracxn Syndicate. The round also saw participation from Rajan Navani, Harvard Angels – Abhishek Gupta and Vinay Gupta; Praful Thachery, Ashish Taneja (MD at growX ventures), Mahesh Parasuraman (co-founder & partner at […]