Fintech firm Perfios is second Indian unicorn of 2024
Perfios has raised $80 million in a new funding round by Teachers’ Venture Growth (TVG), an arm of Ontario Teachers’ Pension Plan.
Source: dealstreetasia.com
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Venture debt funding 2023 India: Consumer, fintech top sectors for venture debt funding in 2023: Report
According to a report from Stride Ventures, fintech led with a more than 55% share of the total investment of $1.2 billion in 2023, followed by the consumer sector at around 25%. Meanwhile, in 2024, founders and venture debt firms expect clean tech, especially electric vehicles (21.6%), consumer (19.5%), and fintech (15.8%) sectors to raise more venture debt, the report said.
Source: indiatimes.com
India Digest: Metalbook, Ayekart bag funding; HomeLane, DesignCafe eye share-swap merger
Metalbook and Ayekart have raised Series A funding, while HomeLane and DesignCafe are finalising a share-swap merger.
Source: dealstreetasia.com
MENA Digest: Kema, Logidoo raise early-stage capital, Sowt buys Rising Giants Network
Startup dealmaking in the Middle East and North Africa region this week was led by a couple of early-stage funding deals and an acquisition. While ......
Source: vccircle.com
Metalbook, four others raise early-stage funding
Metal supply chain platform Metalbook, agri-focussed fintech startup Ayekart, internet browser Veera, quick service restaurant IDC Kitchen and haircare startup iluvia raised early-stage funding, the ......
Source: vccircle.com