Insight

The Rise Fund of TPG and Kabira Holdings led the Rs 547 crore (or $66 million) Series E round that the digital lending platform Fibe (previously EarlySalary) raised.

The US entertainment content website SoapCentral.com has been acquired by Absolute Sports, a sports media platform and a Nazara Technologies subsidiary, for an all-cash payment of $1.4 million.

Abhaya Hota, a former official of National Payments Corporation of India, has joined the board of independent directors of Cashfree Payments, a fintech platform.

Cisco is launching a $1B global investment fund to expand and develop secure, reliable and trustworthy AI solutions.

Platform for content-to-commerce Lauren Bloomer, the former CEO of Becca Cosmetics, has been named president of the Good Glamms Group's international division.

Scimplify, a platform for all specialised chemical sourcing and manufacturing, raised $5 million in a new round.

In Chennai, Tamil Nadu, drone startup Garuda Aerospace has opened the india's first private drone store.

In partnership with Visa, Adani One and ICICI Bank have introduced co-branded credit cards featuring airport-related perks.

Shriram Finance Limited (SFL) has raised $468 million, or roughly Rs 3.880 crore, in many currencies. For the purpose of funding corporate expansion.