Mon, Jan 06, 2025
Accel is the first institutional investor in 80 per cent of its portfolio companies. Its prominent portfolio companies include BlackBuck, BlueStone, Cult.Fit, Flipkart, Freshworks, Swiggy, Urban Company and Zetwerk.
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Wed, Sep 04, 2024
The report said that the estimated combined value of all fintech companies in India is around $125 billion. The estimated income of all these companies in FY23 was around $20 billion. This was 5 per cent of the total revenue of all banks, financial services and insurance (BFSI) companies in the country.
Wed, Aug 28, 2024
India is poised to transition from a "rule-taker" to a "rule-maker" in fintech solutions and digital public infrastructure (DPI), according to Dammu Ravi, Secretary (Economic Relations) at the Ministry of External Affairs.
Sat, Jun 30, 2018
Ever since the Finance Minister mentioned blockchain technology in his budget speech, the distributed ledger technology has found its way into mainstream attention and prominence.
Thu, Nov 02, 2017
Growing at 5-year CAGR of 30%, advanced tech start-ups focused on creating solutions in segments like Artificial Intelligence, Analytics, Augmented Reality or Virtual reality
Sat, Apr 15, 2017
The fintech start-ups in India received funding of about $175 million in 2014 and grew to $2 billion in 2015, which was buoyed by mega-rounds to Paytm.
Tue, Mar 07, 2017
Reliance Capital has sold its nearly 1 % stake in popular digital payments firm Paytm for Rs 275 crore to China's Alibaba Group in a deal reaping huge gains for the Anil Ambani-led group firm.
Fri, Mar 03, 2017
On March 1, RBI Deputy Governor R. Gandhi raised concerns over virtual currencies.
Wed, Mar 01, 2017
With the country aiming to push the financial technologies, R Gandhi, Deputy Governor, Reserve Bank of India, gave a reality check at a FICCI conference in Mumbai on Wednesday.
Fri, Feb 24, 2017
What is more interesting is that till now the e-commerce or marketplace start-ups have been the most successful in entering into the unicorn club.
Wed, Feb 22, 2017
Bharti Airtel on Wednesday announced the acquiring of equity stake in financial technology startup – Seynse through its subsidiary Bharti Airtel Services.
Ram Gopal, Chief Operating Officer, Barclays India spoke regarding the Rise Accelerator, the 11 start-ups that they picked initially, investment into them and other plans ahead.
Tue, Feb 21, 2017
Reserve Bank deputy governor SS Mundra warned that unless traditional banks quickly convert themselves in to a new-age digital banks, they face the risk of becoming history.
Wed, Feb 08, 2017
A number of investors are looking towards blockchain technology currently with the unstable geo-political and economic situation globally.
Thu, Jan 19, 2017
The current number of unicorn start-ups in the world stand at 186 and are collectively worth around $656 billion.
Fri, Dec 09, 2016
Despite heavy funding for fintech start-ups in alternative lending there have been several challenges identified in the low adoption by merchants.
There has been a surge in funding seen in fintech start-ups in Q3 however the funding during the year falls short the levels of 2015.
Tue, Nov 15, 2016
Paytm on Monday said its overall traffic has increased by 700% with over 1000% growth in the amount of money added to its account after the government’s demonetisation move.
Mon, Nov 14, 2016
The funding to start-ups grew by 16% during the month in comparison to same period last year.
Wed, Jun 29, 2016
The companies selected are gauged in terms of the company's health in terms of financing, industry category and overall momentum in terms of jobs data, social and media mentions, web traffic, among others.
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