SaveSage Club Secures ₹2.5 Crore in Angel Funding to Revolutionize Credit Card and Loyalty Management
Gurugram-based SaveSage Club, a credit card and loyalty management platform, has raised ₹2.5 crore in an angel funding round co-led by iSEED, Alluvium Fund, and LetsVenture Fund. The round saw participation from prominent angel investors, including Bhavesh Gupta, Shriram Nene, Ritesh Malik, Ramneek Sehgal, Mayank Gupta, Rahul Mathur, Piyush Nangru, Utkarsh Kumar, and Amit Goel. The […]
DCDC Kidney Care Secures ₹82 Crore Investment from British International Investment to Expand Dialysis Services
DCDC Health Services Pvt. Ltd., operating dialysis centers under the brand DCDC Kidney Care, has announced a strategic investment of ₹82 crore (approximately $10 million) from British International Investment (BII), the UK’s development finance institution and impact investor. This funding aims to enhance access to life-saving dialysis treatments for low-income patients suffering from end-stage renal […]
Varthana Secures $15 Million to Bolster Affordable Education in India’s Tier II and III Cities
Non-Banking Finance Company (NBFC) Varthana has raised $15 million (approximately Rs 120 crore) in funding from the BlueOrchard Microfinance Fund, managed by BlueOrchard. The funding aims to expand Varthana’s lending portfolio, focusing on enhancing educational infrastructure and supporting vocational training in India’s Tier II and Tier III cities. Founded in 2013 by Steve Hardgrave and […]
Pixxel raises $24M in additional funding, taking its total Series B raise to $60M
Funding will enable Pixxel to speed up the deployment of its Firefly constellation and other upcoming missions Bengaluru, India, and Los Angeles, USA, 09 December 2024: Pixxel, a US-India-based space technology company building the world’s highest-resolution hyperspectral satellite constellation, today announced the closing of $24 Million in additional funding as part of its Series B […]
Ranjit Babu Resigns as Head of Consumer Electronics at Amazon India Amid Senior-Level Departures
Ranjit Babu, the head of consumer electronics at Amazon India, has reportedly stepped down, marking another significant senior-level exit for the e-commerce giant. The news, first reported by The Economic Times, highlights ongoing changes in Amazon’s leadership in India. Babu, a long-time executive with over a decade at Amazon India, played pivotal roles during his […]
Wooden Street Secures ₹354 Crore in Series C Funding from Premji Invest to Expand Nationwide.
Wooden Street, a prominent furniture and home decor brand, has successfully raised ₹354 crore (approximately $43 million) in its Series C funding round led by Premji Invest. This latest infusion of capital brings the company’s total funding to $78 million, following a $30 million Series B round led by Westbridge in April 2022. Dinesh Pratap […]
Paytm’s Parent One97 Communications to Sell PayPay Stake to SoftBank for $250 Million
One97 Communications, the parent company of Indian digital payments giant Paytm, is reportedly considering finalizing a deal to sell its stake in Japan’s PayPay Corporation to SoftBank Group. The transaction, valued at approximately $250 million (around Rs 2,000 crore), is expected to bolster Paytm’s cash reserves significantly, from over Rs 10,000 crore to approximately Rs […]
Orange Health Labs Secures $12 Million Funding from Amazon Smbhav Venture Fund
Bengaluru-based diagnostics and healthcare platform Orange Health Labs has raised $12 million in a funding round led by the Amazon Smbhav Venture Fund. The round saw participation from existing investors, including Accel, General Catalyst, Bertelsmann India Investments, and Y Combinator. This funding brings the company’s total capital raised to $47 million, following its Series B […]
Navigating the Payments Landscape: A Conversation with Nayantara Bhargava, CBO of Mswipe
Introduction The Indian payment industry has witnessed a seismic shift in recent years, driven by technological advancements, a surge in digital adoption, and evolving consumer needs. At the forefront of this transformation is Mswipe, a pioneer in providing payment solutions tailored to the diverse needs of businesses across the country. In an engaging conversation with […]
Catalyzing Fintech Innovation: Why Afthonia Lab is the Ultimate Launchpad for Founders.
Introduction In the fast-paced and ever-evolving fintech landscape, sector-specific incubators play a crucial role in nurturing startups poised to revolutionize the industry. Tanul Mishra, CEO of Afthonia Lab, is leading the charge by providing fintech entrepreneurs with the support, mentorship, and resources they need to navigate challenges and thrive. In an exclusive interview with Indian […]
