Fintech Startup News and Updates

Jiraaf, a fixed income startup based in Bengaluru, secured $8.7 mn in series B round of funding. Existing investors Accel and Harmony Partners led the round.

InsuranceDekho, a marketplace for insurance, secured $60 million in its current Series B funding round from Mitsubishi UFJ Financial Group and BNP Paribas Cardif, two of Japan's largest financial services companies.

slice and North East Small Finance Bank (NESFB) are excited to announce their forthcoming merger, which will advance their shared goal of enhancing financial accessibility through technology across the country.

Visa, a leader in global payments, recently announced a new $100 million generative AI venture initiative.

Future of Indian Startups -In recent years the startup ecosystem played a very important role in the growth of the Indian Economy. Startups grew rapidly from 300 in 2014 to more than 100,000 in 2023 with 108+ unicorns.

Shareholder management platform EquityList has secured a seed round of $2.2M from AngelList India, Unpopular Ventures, Republic, Hustle Fund, Mana Ventures, and prominent angel investors.

FincFriends, the non-banking financial arm of the finance marketplace RupeeRedee, has received $3.5 million in equity capital from its Cyprus-based parent firm, Digital Finance International.

Giverly, a platform for social impact and payments that is part of IA Impact Labs, has secured a pre-seed funding round led by iAngels Network

Fundly.ai, a finance firm based in Mumbai, has raised $3 million in a round of seed funding backed by Accel. Multiply Ventures and other