Jupiter, a new banking startup, has obtained a license from the Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC).

Avanse Financial Services Ltd. (Avanse), an education-focused non-banking financial company (NBFC), today announced that it has raised primary capital of ₹1,000 crores. This round of funding was led by Mubadala Investment Company (“Mubadala”), the Abu Dhabi-based investment company, with participation from Avendus PE Investment Advisors Private Limited via its fund Avendus Future Leaders Fund II.

Vivifi India Finance Private Limited, a Fintech NBFC with headquarters in Hyderabad, has raised $75 million in a Series B funding round. The funding was provided in a preferred round using a combination of debt and equity.

The Dutch entrepreneurial development bank FMO has led an equity round of Rs 90 crore for the non-banking finance startup Ecofy, which focuses on green energy.

The fintech firm Varthana, which focuses on education, secured $14 million, or roughly INR 116 crore, from Blue Earth Capital, one of its current investors.

Avanti Finance, a tech non-bank finance company (NBFC), secured $24 million (roughly 197 crore) in funding from IDH Farmfit Fund and Rabo Pa

Kinara Capital, a fast-growing fintech driving MSME financial inclusion, today announced the launch of additional 15 new branches, that brings the

Finvu AA, a NBFC account aggregator startup, has raised $2.5 million in its seed funding round from Varanium Fund, IIFL, DMI Sparkle Fund and

Bajaj Finance Limited (BFL), the lending arm of Bajaj Finserv Limited has partnered with Worldline, a global leader in payment services, to develop