FinanceNeoteric
Business
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476Jio Financial Acquires Full Ownership of Jio Payments Bank After Rs 104.54 Cr SBI Stake Buyout
Jio Financial Services Ltd (JFS) has acquired State Bank of India’s (SBI) entire 17.8% stake in Jio Payments Bank for Rs 104.54...
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569Darwix AI Raises $1.5 Million in Seed Round to Power Enterprise Generative AI Expansion
Generative AI platform Darwix AI has raised $1.5 million in a seed funding round backed by Rebalance, Inflection Point Ventures (IPV), JITO...
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453Israel’s Coralogix Raises $115 Million to Accelerate India Expansion
Israel-based cybersecurity and observability firm Coralogix has raised $115 million in a Series E funding round, boosting its valuation to over $1...
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429MakeMyTrip to Raise $2.5 Billion to Halve Trip.com’s Stake
Online travel giant MakeMyTrip (MMT) is set to raise over $2.5 billion through a combination of equity and convertible note offerings to...
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482Razorpay Acquires Majority Stake in POP with $30 Million Investment
Razorpay, one of India’s leading fintech unicorns, has acquired a majority stake in POP, a rewards-first UPI payments app, with a $30...
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437InCred’s Rs 300 Crore Stocko Acquisition Signals Major Retail Broking Push
In a strategic move to strengthen its presence in the retail investing space, InCred Money, the wealthtech arm of InCred Group, has...
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800Groww Raises $200 Million in Pre-IPO Round Led by GIC and ICONIQ Capital
Online investment platform Groww has secured Rs 1,735 crore (around $200 million) in a pre-IPO funding round, led by Singapore’s sovereign wealth...
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328FlexiLoans Raises Rs 375 Crore in Series C to Strengthen Product Offerings and Technology
Mumbai-based NBFC FlexiLoans has secured Rs 375 crore (approximately $43.8 million) in a fresh round of funding, marking the second leg of...
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455RateGain and Razorpay Join Hands to Simplify Hotel Payments in India
RateGain Travel Technologies has announced a new partnership with Razorpay to make hotel payments smoother and more secure across India. The tie-up...
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489Decentro Raises Rs 30 Crore in Series B to Power API Banking Growth in India
Bengaluru-based fintech firm Decentro has secured Rs 30 crore in its Series B funding round to boost its efforts in simplifying digital...