Thu, Aug 29, 2024
Infosys co-founder Nandan Nilekani revealed that startups leveraging India's digital public infrastructure are valued at USD 100 billion. Speaking at the Global Fintech Fest, Nilekani introduced the concept of 'Finternet,' a unified, user-centric financial system incorporating tokenized assets.
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Indian fintech firms valued at $500 million and above are eyeing IPOs in the coming years, though only 40-60% feel fully prepared. A new report from Boston Consulting Group and Z47 highlights the maturation of the Indian fintech ecosystem, noting challenges in IPO readiness and scaling.
Mon, Jul 01, 2024
The company claims to have more than doubled its revenue to around Rs 250 crore in FY24 on a year-on-year basis.
Wed, Jun 05, 2024
Fibe's existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures also participated in the funding round, including primary and secondary transactions.
Mon, Feb 12, 2024
IRIS Business Services Q3 Results: In the year-ago period, the profit was Rs 1.48 crore. Revenue in April-December FY24 was Rs 72.35 crore as against Rs 53.47 crore in the year-ago period, the company said in a regulatory filing.
Fri, Jan 05, 2024
Unicorn fintech firm One MobiKwik Systems Ltd has filed its preliminary papers with markets regulator Sebi to raise up to Rs 700 crore through an initial public offering.
Fri, Mar 25, 2022
Credilio has raised USD 4 million or around Rs 30 crore in pre-series-A round from a clutch of investors.
Wed, Mar 02, 2022
"Many key fintech themes are changing the composition of the economy."
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