Bengaluru-based fintech startup focused on SMEs, Rupifi, has raised $1 million from angel investor Gokul Rajaram and venture debt from Alteria Capital. Rupifi will use the new funds to scale its "Buy Now, Pay…
Digital payments unicorn Paytm has now acquired a 100% stake in Mumbai-based Urja Money Pvt. Ltd., which provides a loan management system through its proprietary solution, CreditMate. CreditMate is a collection…
Gurugram-based startup PumPumPum, which offers used car leasing in the corporate and retail segments, has raised bridge funding from LC Nueva AIF. PumPumPum plans to use the capital for consumer awareness, technology…
Gurgaon-based D2C brands for personal hygiene Svish has raised USD 400,000 in a seed funding round led by LC Nueva AIF, a Category II AIF Fund, with participation from angel investors led by Bright Bridge Advisors. The…
Kolkata-based AI-backed location intelligence data platform Data Sutram has raised funding from IIFL Fintech Fund. IIFL Group companies, IIFL Finance and IIFL Securities, have also entered into a strategic partnership…
Ahmedabad-based beauty brand Renee Cosmetics has raised USD 1.5 million in its pre-series A funding round, led by Equanimity Ventures and 9Unicorns along with Titan Capital. Renee is claimed to be a "cruelty-free"…
The government-backed last-mile financing platform Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH I) has made an investment in a large gated-community project in…
Bangalore-based edtech Unicorn Byju's is raising INR 2,200 crore (USD 296 million) in funding led by Oxshott Venture Fund. Edelweiss, Veriton Fund, XN Exponent Holdings, and MarketX Ventures will also participate in…
Real estate developer Panchsheel Group has received INR 249 crore from the Central Government's stress fund (SWAMIH Fund managed by SBI Cap) to complete a group housing project in Greater Noida, where flats of around…
DMI Alternatives Pvt Ltd has raised USD 40 million for The Sparkle Fund, which is part of its DMI Alternative Investment Fund (DMI AIF). Set up in 2017 to focus on Fintech investments. Sparkle has invested USD 10…