Recordent, a non-banking payment bureau fintech business, has raised $400,000 in angel finance from the Kantamaneni Family Office, IIM Calcutta Innovation Park, and other angel investors from India and the United States. Recordent works closely with more than 50 SME industry associations and wants to continue forming significant collaborations in order to offer value to … Read more
Branch, one of the most popular personal finance applications, has promoted Anshul Agrawal to Chief Technology Officer (CTO) for the company’s global operations. Anshul has more than 15 years of experience in technological infrastructure and architecture, as well as security, performance, product development, and UI/UX best practises. He’s an engineer from IIT Roorkee who dropped … Read more
V-Mart Retail Limited announced the appointment of Aakash Moondhra, Global CFO of PayU, as Chairman of the company. The Company also announced a strategic change in its leadership structure, further improving the corporate governance framework with the role of Chairman and Managing Director now being split, with Mr. Aakash Moondhra (Independent Director) being designated as … Read more
Prior to its IPO, PB Fintech, the holding company for PolicyBazaar and PaisaBazaar, received Rs 2569.73 crore from 155 anchor investors. The company claimed in a filing with the stock exchanges that the participants included both domestic and overseas investors, with shares distributed at a price of Rs 980 per share. PB Fintech’s initial public … Read more
BASIC Home Loan, a Gurugram-based fintech startup, has raised $3.5 million in a Series A round of funding led by Venture Catalysts (VCats) and Gruhas Proptech, an investment platform of Zerodha Founder Nikhil Kamath and Abhijeet Pai of Puzzolana Group. Abhijeet Pai of Gruhas Proptech said, “We were impressed by the way BASIC Home Loan … Read more
