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Decentro to offer banking API to ICICI Bank

Decentro, a full-stack API banking platform, has partnered with ICICI Bank, a leading private sector bank in India, to offer customized business banking APIs...

Neobank Fi partners with Federal Bank to launch its service India

Neobank for salaried millennials Fi has today announced the launch of its service in India. Fi, was established with a strong purpose to help people...

Tech Advances In Green Cleaning For Business

Did you know traditional cleaning corporations use over 6 billion pounds of chemicals? These chemicals are going into the Earth as waste from cleaning...

Larsen & Toubro Infotech names Anil Rander as CFO

Technology consulting company Larsen & Toubro Infotech (LTI) has announced the appointment of Anil Rander as its new Chief Financial Officer (CFO). Anil Rander holds...

Pine Labs acquires Fave in $45 mn cash and stock deal

Pine Labs, a digital payment and commerce solution provider to merchants has announced the acquisition of Malaysia-based Fintech startup Fave for $45 million in...

Cashinvoice records Rs 2,100 crore of throughput in FY20-21

The digital supply chain finance marketplace has recorded a transaction throughput of Rs 2,100 crores in FY 2020-21. Launched in 2018, Cashinvoice offers end-to-end Supply...

Three Wheels United appoints Hardip Singh Goindi as COO

The Bengaluru-based tech-enabled lender for light electric vehicles, Three Wheels United (TWU) has announced the appointment of Hardip Singh Goindi as its new Chief...

Five Star Business Finance concludes $234 mn investment round

India-based small business financier Five Star Business Finance has concluded a $243 million investment round from a consortium of global and Indian investment firms. The...

KreditBee raises an additional $70 mn from NewQuest Capital and Motilal Oswal Private Equity

Bengaluru-based lending Platform KreditBee has raised $70 million in a follow-on series C round from TPG backed NewQuest Capital Partners and Motilal Oswal Private...

HDFC Bank, Kotak Mahindra Bank acquires 9.9 percent stake each in Ferbine

India-based leading private sector lenders HDFC Bank and Kotak Mahindra Bank have acquired 9.99 percent stake each in Ferbine Private Limited, a Pan-India Umbrella...

IIFL Finance raises Rs 100 crore through debentures

IIFL Finance Ltd has said, "It has raised Rs 100 crore through issuance of non-convertible debentures (NCDs) on private placement basis." IIFL Finance in a...

Kirana Capital draws $10 million from IndusInd Bank

India settled lender to small business, Kirana Capital has raised $10 million from IndusInd Bank with a 100% guarantee from the U.S. International Development...

Former Governor of Bank of England Carney joins Stripe board

U.S.-based digital payment company Stripe Inc has announced the appointment of former governor of Bank of England (BOE), and Canadian Central Bank Mark Carney...

The impact of technology on Small to Medium size enterprises

The current business landscape across the globe is being led by digital technologies that are transforming the way systems and processes work. Business concepts...

Payment Council hails RBI’s Master Directions on Digital Payments Security Controls to promote payment security

The Payments Council of India (PCI), the largest industry body for digital payments ecosystem in India welcomed the Master Directions on Digital Payments Security...

“Received multiple interests for Pawan Hans,” says Govt

Department of Investment and Public Secretary Tuhin Kanta Pandey on February 18, said, "It has received multiple interests for helicopter company Pawan Hans." In a...

DLF Cyber City Developers completes acquisition of 51.8% stake in Fairleaf Real Estate

DLF Cyber City Developers Ltd on Thursday announced that "It has completed the acquisition of 51.8 percent stake in Fairleaf Estate Private Ltd for...

IDFC First Bank board okays to raise Rs 3000 crore

Private sector financial institution, IDFC First Bank has said, "Its board has approved raising of up to Rs 3,000 crore through various modes." In a...

L&T Finance raises Rs 2,998 crore via right issue

L&T Finance Holdings Ltd (LTFH) on Wednesday said, "It has raised Rs 2,998 crore through a right issue." In a filing with the exchange, L&T...

Medanta gets Rs 100 crore loan from ADB to fight COVID-19

Hospital chain Medanta has received Rs 100 crore from Asian Development Bank (ADB) to purchase healthcare services and medical equipment. ADB in its statement said,...

Geojit partners with Lotusdew to launch small, mid-cap basket using AI

Geojit Financial Services has announced its partnership with Loctusdew to launch small, mid-cap stock baskets that use behavioral finance and AI to identify dominant...

KreditBee concludes $75 mn in Series C round from Premji Invest and others

Bangalore based fintech startup KreditBee has raised $75 million in Series C of the primary and secondary round. The round was led by Premji Invest...

U GRO Capital raises Rs 178 core in debt, loan disbursal stood at Rs 2,000 cr

Small business lender U GRO Capital on Thursday said, "It has raised an incremental of Rs 178 crore in debt, for a total of...

NIIFL commits to invest $100 mn from New Development Bank into NIIF Fund of Funds

The National Investment and Infrastructure Fund Ltd (NIIFL) has said, "It will invest $100 million from the New Development Bank (NDB) into the NIIF...

Finance and Investment Should be Mandated in all Curriculum

The recent economic crisis has focused a spotlight on the need for financial decision-making in times when the economy is uncertain. Our school education...

IRB Infrastructure Developers eyes for Rs 2,220 crore through NCDs

IRB Infrastructure Developers on February 10, said, "It will raise Rs 2,220 crore through issuance of non-convertible debentures (NCDs). In a filing with the exchange,...

Irrigation Association of India applauds Union Budget 2021-22

In our country, water scarcity is a big challenge as almost 54% of India is facing high to extreme water stress and as agriculture...

Progcap raises Rs 10 crore in debt round from Stride Ventures

India settled fintech company, Progcap has raised Rs 10 crore in debt round from Stride Ventures Partners. "The funds will be strategically deployed to increase...

Slice: Inventing future of finance for young Indians

Today we speak to Rajan Bajaj, Founder & CEO of Slice, to understand how slice is redesigning the future of the finance industry through...

Aviom India secures Rs 10 crore in debt round funding

Aviom India Housing Finance has raised Rs 10 crore in debt round funding from BlackSoil India Credit Fund. "The company plans to distribute Rs 250...

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