HDFC Bank, a private banking sector behemoth, has declared plans to hire over 3,000 people across the state, as part of their mega recruitment drive in Maharashtra according to an official release. Furthermore, the bank stated that 207 new bank branches will be opened, with 90 of the new branches located in metro and metropolitan…
EarlySalary, a consumer lending fintech located in Pune, has raised a $110 million series D fundraising round headed by TPG’s The Rise Fund and Norwest Venture Partners. Following the company’s latest funding round in 2019, this is EarlySalary’s largest fundraiser to date. Previous rounds of funding totaled $34 million from Eight Roads, Chiratae Ventures, Piramal…
Shantanu Naidu’s company Goodfellows received an undisclosed investment from Ratan Tata Ratan Tata, the active supporter of start-ups and chairman emeritus of Tata Sons, recently announced an undisclosed investment in a start-up that offers senior folks companionship as a service. The newest investment by Tata has been disclosed in Shantanu Naidu’s start-up company Goodfellows. Naidu,…
OneCard, a fintech company, has joined the unicorn club as the most recent member after raising nearly $100 million (or roughly INR 802 crore) in a new round of fundraising. Temasek, the sovereign wealth fund of Singapore, led the latest Series D capital round with an investment of INR 375 cr (about $46.9 million). Additionally…
EnKash, a fintech startup, has announced the hiring of four leaders in various leadership positions. Lalit Arun, Abhishek Miglani, Krishna Kumar SV, and Amandeep Arora have all joined the spend management and corporate card dealing company as its new heads of alliances with banks and financial institutions, corporate alliances, and partnerships. The appointments coincide with…
In an investment round headed by Varanium Nexgen Fintech Fund and DMI Sparkle Fund, GetVantage has acquired $36 million. Along with Sony Innovation Fund, InCred Capital, and Haldiram’s Family Office, other existing investors including Chiratae Ventures and Dream Incubator Japan also participated in the round. With the most recent round, GetVantage’s total fundraising to date…
E-commerce enablement company GoKwik has brought $35 million up in a series B financing round led by San Francisco-based Think Investments and RTP Global. The round additionally saw support from existing financial backers Sequoia Capital India and Matrix Partners India. The new financing follows GoKwik’s $15 million series A round in November 2021, getting complete subsidizing…
Egyptian fintech Paymob has reported that it has brought $50 million up in Series B financing. Tround was driven by PayPal Ventures, the worldwide corporate endeavor arm of PayPal, alongside New-York-based investment Kora Capital, and London-based Clay Point. New financial backers included Helios Digital Ventures, British International Investment (previously the CDC Group) and Nclude, the…
US stock investment platform Vested Finance on Tuesday said it has brought $12 million up in Series A funding round led by Ayon Capital. It likewise saw support from existing financial backers, including Tenoneten, Ovo Fund, Wedbush Ventures, IPV, and Upscale also new financial backers including 9 Unicorns, Ankur Warikoo (ex-CEO, Groupon India), Dhruvil Sanghvi…
Bengaluru-based consumer (B2C) fintech and monetary administrations organization Onecode has raised $13 million (Rs 100 crore) in its Series A financing round led by funding firm, General Catalyst . Returning financial backers Sequoia Capital India’s Surge, Nexus Venture Partners, and Waterbridge Ventures likewise partook in the round. Private backers in the organization including fellow benefactors…