Finance

Beyond the Transaction: Scalefusion’s Sriram Kakarala on Rethinking Enterprise Payment Security

Scalefusion’s Sriram Kakarala explains why businesses need to rethink payment security as digital payments expand beyond traditional banking applications into connected enterprise environments.

The New Collateral in Lending Isn’t an Asset; It’s a Citizen’s Consent

Old habits die hard, and few habits in Indian finance have died harder than our collective attachment to the self-attested photocopy. For three decades,...

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How brands can use data for better customer experience

Countless conversations are taking place around how gathering data is transforming brands - both established ones and startups alike. Data is the new gold,...

BankSathi raises $200K from Angel Investors

New Delhi-based fintech startup BankSathi Technologies has raised $200K in series seed round funding from a group of Angel Investors. The round saw participation from...

SNVA Ventures contributing to UK-India Trade Agreement 2021

In an increasingly global world, free trade agreements can be a critical and progressive step toward increased international integration, and they are becoming increasingly...

COVID-19: Cashfree allows organizations to digitally raise relief funds

Digital payment company Cashfree has announced the launch of the "Payment Links for Donation" option to allow organizations to accept donations for COVID-19 relief...

Timely & proactive set of announcements for all stakeholders: CH. S.S Mallikarjuna Rao, MD & CEO, PNB

RBI has come out with a timely and proactive set of announcements for all stakeholders, including individuals, small businesses, and MSMEs, to mitigate the...

Relief measures for MSME, Individuals couldn’t be more timely: Ramesh Iyer, MD & VC, Mahindra Finance

Speaking on the announcement made by the Reserve Bank of India (RBI) on reopening of one-time restructuring for Individuals, and MSMEs till September 20,...

Reopening of on-time restructuring for individuals & MSME is a great relief

The RBI's announcement of re-opening one-time restructuring for individuals and MSMEs till September 30, comes as a great relief.  Further in cases where, individual borrowers...

SMEcorner names Vinit Barve as Chief of Strategy & Investor Relations

SMEcorner, a new-age Fintech lender, and NBFC under the trade name DigiKredit Finance have today announced the appointment of Mr. Vinit Barve as a...

Accenture accelerates Mankind Pharma digital transformation journey

Leading pharmaceutical company Mankind Pharma has collaborated with Accenture to accelerate its digital transformation journey. "As a part of the collaboration, Accenture has redesigned Mankind's...

Yandex acquires Acropol Bank for $14.7 million

Yandex has today announced the acquisition of 100% stakes of Acropol Bank for RUB 1.1 Billion (appx. $14.7 million). In a filing with the exchange,...

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,...

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