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BharatPe gives 18 of its angels an exit with up to 80X returns The fintech startup says nine angel investors, including Kunal Shah, continue to hold stock worth Rs 107 crore, as per the latest Series D valuation. 0 claps Share on Fintech startup BharatPe has announced that 18 of its angel investors have exited the company after its Series D funding round. The angles have seen returns as high as 80X in two years. The statement said the company has already returned Rs 102 crore in cash to its secondary investors, as against the initial angel round of Rs 1.9 crore. "Nine angel investors, inc...

India sees 60pc rise in fintech deals amidst COVID-19; surpasses China, says report The Indian fintech market is expected to reach Rs 6,207 billion by 2025, expanding at a CAGR of about 22 percent during the 2020-2025 period. 0 claps India has emerged as Asia's biggest destination for financial technology (fintech) deals, leaving behind China in the quarter ended June 2020, a research report said. With around 33 deals valued at $647.5 million, India has the highest investment in the fintech segment compared to China's $284.9 million during the quarter ended June 30, 2020, a report released...

Feb 11, 2021 Many smartphone users are no doubt looking forward to next month, when Japan’s telecom giants will launch new monthly plans that are considerably cheaper than current deals. But for the wider industry, it will be the dawn of a new price war. With the three megacarriers — NTT Docomo Inc., KDDI Corp. and SoftBank Corp. — making bold new offers, smaller rivals known as mobile virtual network operators (MVNOs) are likely to face an uphill battle. MVNOs, which lease mobile networks from the major carriers, are often labeled budget SIM card providers because their advant...

‘Study now, pay later’ is Mumbai-based startup Eduvanz’s USP for education loans Fintech startup Eduvanz, founded by IIT graduate Varun Chopra and IIM alumnus Raheel Shah, offers easy, fast, and affordable financing options for students, learners, and parents. 0 claps Share on Despite the availability of learning tools at all levels today, what often constricts students, learners, and parents is the lack of easy, fast, and affordable financial assistance.  Enter Mumbai-based fintech startup Eduvanz, which offers innovative education loans that allow students to study now and pay ...

This neobank tech startup’s AI platform offers personalised service to users Neobank tech startup UNObank promises to change the rules of digital banking through its AI platform to make banking more personalised, catering to each individual needs. 0 claps Share on How about a bank telling you to be careful about a purchase you are going to make because it might lead to cash shortage at the end of the month, or being able to figure out on its own that the banking transactions on a smartphone are illegal. This could be the new era of digital banking where all the transactions are conducted o...