Tags India

Tag: India

RBI panel to study Fintech, digital banking

Working Group to review, reorient regulatory framework; respond to rapid-change scenario. Read more:: www.thehindubusinessline.com

Paytm Payments Bank looking at October take-off

Digital payment platform Paytm is readying a budget to roll out its bank payments system and eyeing an October launch. Read more: www.business-standard.com

Indian SME lending startup NeoGrowth nets $35m backing

Indian fintech startup NeoGrowth has raised $35m in a new financing round backed by Mumbai-based asset manager IIFL. Existing investors, including Quona Capital’s Accion Frontier Inclusion Fund,...

Indian wealth management app WealthTrust seals seed cash

Mumbai-based venture capital firm India Quotient has backed wealth management app WealthTrust with an undisclosed amount in seed funding. WealthTrust will use the new funds...

Xiaomi India, MobiKwik launch one touch payments with ‘MIUI8’

The recharge call to action is embedded right next to SMS so one doesn't have to navigate or install different apps. Read More: www.business-standard.com

HDFC Bank launches digital banking services for SME clients

The digital facility will do away with the need to call on a relationship manager or visit a branch, to transact or to get clearances. Read more: forbesindia.com

Coinsecure and BitPay bring bitcoin payments to Indian merchants

Coinsecure and BitPay have teamed up to create a new platform for India-based merchants. The platform will allow merchants to receive Bitcoin but have rupees sent to their bank accounts instead. Read more: www.neowin.net

LendingKart looks to future with $32m Series B investment

Bertelsmann India Investments has led a $32m Series B round in Indian lending platform Lendingkart Group.

Ex-Providence, Actis exec Kheterpal launches $15m India startups fund

Experienced Indian private equity investor Manish Kheterpal has reportedly launched a $15m early-stage investment fund focusing on tech startups in the country.

Barclays’ FinTech platform comes to India

Preliminary talks with at least seven startups to commence soon. Read more: forbesindia.com