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