Escrow Banking Startup Castler Raises $5 Mn
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.
Source: inc42.com
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Funded by Kotak Securities, Fintech firm BankSathi closes FY23 with net revenue of Rs 60 crore
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, BankSathi has built a Rs 100 Cr ARR business, enabling Advisors to manage sell Right Financial Products t...
Source: laosnews.net
Indian startups go ballistic in Q3 2021, raise highest ever Y-o-Y funding in past 7 years
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.
Source: yourstory.com
Startup news and updates: daily roundup (April 19, 2023)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Wednesday, April 19, 2023.
Source: yourstory.com
LoanKuber Secures Funding From Inflection Point Ventures, Others
Lendingtech startup LoanKuber has raised $2 Mn in its ongoing Series A round led by Inflection Point Ventures
Source: inc42.com