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Fintech players seek at least 1 yr sunset clause on RBI directive on credit lines by PPI issuers
June 24, 2022With the RBI cracking down on credit facilities provided by non-bank prepaid payment instrument issuers, industry...
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FinBox raises USD 15 mn in funding led by A91 Partners
June 21, 2022Fintech firm FinBox has raised USD 15 million (about Rs 115 crore) in a funding round...
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Arohan Financial Services in talks with PE funds to raise capital: MD
June 20, 2022Microfinance institution Arohan Financial Services Ltd is in talks with private equity funds to raise capital...
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Start of new era for Indian Telecom: Vaishnaw on 5G spectrum auction
June 15, 2022The spectrum auction for 5G services marks the beginning of a new era for Indian telecom,...
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MSME Super-app, HostBooks raises $3Million Funding from Razorpay
June 10, 2022Micro, Small and Medium Enterprise (MSME)-focused fintech start-up HostBooks today announced that it has raised 3...
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Shriram Transport Finance raises USD 250 mn long-term funding from DFC
June 10, 2022Shriram Transport Finance Company (STFC) on Thursday said it has secured long-term funding of USD 250...
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NHIDCL and IIT-Roorkee tie up for sharing technology, innovation
June 9, 2022The National Highways Infrastructure Development Corporation Limited (NHIDCL) and IIT-Roorkee have signed an agreement for sharing...
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Indian fintech market expected to reach USD 150 bn in valuation by 2025: MoS Finance
June 9, 2022The growth in Indian fintech startups has been exponential and the market is expected to reach...
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TCS, Wipro to work at IBM’s Kochi centre to co-create AI-based automation tech
June 8, 2022Indian IT majors Tata Consultancy Services (TCS) and Wipro will jointly work at IBM’s new automation...
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8 entities to test fintech products for MSME lending under RBI’s regulatory sandbox
June 7, 2022Eight entities, including SIDBI, have been allowed to test their fintech products for MSME lending as...