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NowPurchase has raised nearly $8.5 million (Rs 80 crore) led by Bajaj Finserv, while Bachatt has raised $12 million in its Series A round of funding led by Accel. Bajaj Finserv leads $8.5m funding in NowPurchase NowPurchase, an AI-enabled B2B platform that helps metal manufacturers optimise production and procure raw materials, on Wednesday announced that it has raised nearly $8.5 million (Rs 80 crores) led by Bajaj Finserv. The funding also saw participation from existing investors InfoEdge ...Read More >
New Delhi, Mar 31 (PTI) Fintech firm Bachatt has raised USD 12 million, about Rs 113 crore, in a funding round led by venture capital firm Accel, the company said on Tuesday. The round also saw participation from existing investors, Lightspeed and InfoEdge Ventures. "Bachatt, an AI-led savings and wealth platform for the merchant and self-employed segment, has raised USD 12 million in its series A funding led by Accel," the company said in a statement. The company plans to use the fresh funds ...Read More >
Bengaluru, Oct 1 (PTI) Venture capital firm Accel and AI company Anthropic, which runs Claude, a family of large language models (LLMs), will co-host Anthropic's first Developer Day in India here on October 11. The event comes at a time India's AI adoption is accelerating across enterprises, according to a statement. India is already one of Claude's strongest international markets, contributing about 7.2 per cent of global usage. This is an invite-only programme for top CTOs, product leaders a ...Read More >
VMPL Bengaluru (Karnataka) [India], August 14: The Federation of Indian Chambers of Commerce and Industry (FICCI) and AMPIN Energy Transition, in collaboration with Deloitte & Sumitomo Corporation, successfully concluded its pivotal seminar titled 'Renewable Energy Transition for Commercial and Industrial Consumers in the Southern Region' at Hotel Taj MG Road. The event brought together a diverse group of industry leaders, policymakers, and C&I consumers who discussed the roadmap to achieve 100 ...Read More >
Shivalik Small Finance Bank (SSFB) has raised nearly $11.4 million led by SMBC Asia Rising Fund-Japan. In another development, Refold AI, an enterprise AI startup, has raised $6.5 million in seed funding. Shivalik Small Finance Bank secures $11.4m Shivalik Small Finance Bank (SSFB) on Thursday announced that it has raised nearly $11.4 million (Rs 100 crore) led by SMBC Asia Rising Fund-Japan, the corporate venture capital arm of Sumitomo Mitsui Banking Corporation (SMBC). The funding also saw ...Read More >
India's financial technology (fintech) sector attracted $889 million in funding during the first half (H1) of 2025, marking a 26% decline from $1.2 billion raised in the second half (H2) of 2024 and a 5% drop from $936 million seen in H1 2024, according to a report by market intelligence platform Tracxn. Despite the dip, India retained its position as the third-largest fintech market globally, behind only the United States and the United Kingdom. "While the Indian fintech sector has seen a tem ...Read More >
Bengaluru, July 4 (SocialNews.XYZ) India continues to be the third largest fintech startup ecosystem in the world, behind the US and the UK, a report said on Friday, adding that the sector raised a total of $889 million in the January-June period (H1 2025). Early-stage funding stood at $361 million, a 10 per cent rise from H2 2024 and 9 per cent from H1 2024. The sector witnessed 16 acquisitions in H1 2025, a 45 per cent increase from H1 2024, according to the report by Tracxn, one of the world ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in t ...Read More >
New Delhi, Jun 29 (PTI) Cloud kitchens operator Curefoods India on Sunday filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 800 crore, and an offer-for-sale of 4.85 crore equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). As part of the OFS, Curefit Healthcare, Iron Pillar PCC, Crimson Winter, Accel In ...Read More >
New Delhi, Jun 29 (PTI) Cloud kitchens operator Curefoods India on Sunday filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 800 crore, and an offer-for-sale of 4.85 crore equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). Also Read | How To Spot a Fake Website? PIB Fact Check Shares 5 Simple Tips To Id ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Shares of Circle Internet Group, the issuer of the market's second-largest stablecoin, USDC, experienced a remarkable surge on Thursday, skyrocketing 168% as the company made its debut on the New York Stock Exchange (NYSE). Circle's stock opened at $69, well above its IPO pricing of $31. Throughout the day, the shares reached a peak of $103.75, showcasing strong investor enthusia ...Read More >
Former Cleartrip CEO Ayyappan R has secured $8 million in seed funding for his quick commerce startup, FirstClub. Backed by Accel and RTP Global, the platform will offer premium local and global fresh products on a subscription model, launching in Bengaluru by mid-2025. FirstClub aims to cater to a discerning customer base seeking high-quality products and convenient delivery.Quick commerce startup, FirstClub, founded by former chief executive of Flipkart-owned Cleartrip Ayyappan R, has raised $ ...Read More >
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