Fintech Start-ups

Investments among fintech start-ups in India saw a decline of 47 per cent year-on-year (YoY) in 2022 at $5.65 billion, compared with $10.7 billion the previous year, according to data from Tracxn

New funding is part of PhonePe's ongoing capital raise of up to $1 bn, following its domicile shift to India last year

Investments among fintech start-ups in India saw a decline of 47% YoY in 2022 at $5.65 billion, compared to $10.7 billion the previous year

According to Tracxn, which tracks start-up data, fund-raises by fintechs slowed in calendar 2022 to $5.65 billion, a drop of 47 per cent from the preceding year

Growth in the space was expected to continue in the long run, propelled by a large unbanked population

Bhavik Koladiya and his teacher's son Shashvat Nakrani founded the fintech firm BharatPe in 2017 and Ashneer Grover joined the startup in 2018 as CEO

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BharatPe Chairman Rajnish Kumar showed early signs of "wanting control" and to "make money out of BharatPe", the fintech platform's former Co-founder and managing director Ashneer Grover has claimed

Razorpay said it was a temporary move and will not have any impact on its existing business operations and current merchants

Fintech unicorn accuses them of fraud, claims Rs 88.67 crore

Fintech platform BharatPe said it has initiated criminal and civil proceedings against its former Co-Founder, Ashneer Grover and his wife Madhuri Jain Grover over misappropriation of company funds

Start-up that helps businesses manage their payments says it will not seek more funding this financial year

The fintech firm aims to cross an AUM of over $1 billion in the next 6-9 months

Deal expected to be closed in two-four weeks, says source

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Founder and CEO of the Hiranandani Group Niranjan Hiranandani has made an investment in Goodfellows, a start-up offering senior citizens companionship

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Company seeks to gain from increasing global supply chain financing volumes