Investment firm Beams closes Rs 270 crore maiden fund
The fintech fund said it will use the money in order to back growth stage start-ups which are operating in the fintech space.
Source: businesstoday.in
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Fintech startup NextPay eyes bills payment, lending, corporate cards services
Financial technology startup NextPay has announced plans to introduce more financial tools and services tailored for micro, small, and medium enterprises (MSMEs) this year, as it aims to sustain the growth recorded in 2021.
Source: gmanetwork.com
'If I start speaking, Sequoia will not be able to make a single investment in India': Ashneer Grover quits BharatPe
Ashneer Grover quitting BharatPe's board has come days after Ashneer's wife was fired by the company.
Source: ibtimes.co.in
Fintech start-up Niyo raises $100 million in a Series C funding round
The company said that it will utilise the funds for product innovation, marketing and branding, amongst other things.
Source: businesstoday.in
India has third-highest number of start-ups; Sequoia top investor: Hurun report
As per this list, India has the third-highest number of Gazelles (start-ups that started out in 2014 on average when their founders were 34 years old), as per a report by research platform Hurun.
Source: businesstoday.in