Page 2 - Lets Venture News Today

Escrow banking platform Castler has raised $5 Mn in a Pre-Series A round led by Capital 2B (an Info Edge fund) and IIFL Fintech Fund.

Bangalore (Karnataka) [India], May 3 (ANI/NewsVoir): BankSathi, India's largest Agent Based financial products distribution platform, closed FY23 with a net revenue of Rs 60 crore, marking a 120 per cent growth over FY22. The company's exceptional growth was fuelled by a 300 per cent surge in credit card distribution, and the support of leading banks, non-bank financial companies, and a network of 1.5 million financial advisors. With the help of the largest pan India agent network, BankS...

The Indian startup ecosystem raised approximately $23 billion in the nine-month period between January and September this year, with more than 55 percent of the funding raised in Q3 2021 alone.

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Wednesday, April 19, 2023.

Lendingtech startup LoanKuber has raised $2 Mn in its ongoing Series A round led by Inflection Point Ventures

Fintech startups in India raised $5.65 billion in 390 rounds last year, a massive drop of 47 per cent in terms of funding amount and 29 per cent in the number of rounds when compared with 2021, a report showed on Thursday.This drop in funding ...

Bangalore (Karnataka) [India], January 9 (ANI/NewsVoir): Bangalore based social commerce platform BankSathi has raised $4M USD in funding from Kotak Securities, Lets Venture, We Founder Circle, Hem Securities and IPV (Inflection Point Ventures). The company has also received funding from Recur Club, Liquiloans, Sunil Singhania (Abakkus), Kunal Shah (CRED), Dr. Ritesh Malik (Innov8), Kailash Biyani (Asian Markets), Mukul Rastogi & Bhaswat Agarwal (ClassPlus), Varun Alagh (MamaEarth), Sameer R...

BankSathi has secured $4 Mn in a fresh funding round from Kotak Securities, Lets Venture, We Founder Circle, Hem Securities and IPV

The start-up is said to have already received a 25 per cent commitment from marquee VCs and existing investors.

In second week of August 2022, the only notable startup funding was that of 210 million dollars raised by the EdTech startup, UpGrad