Mumbai-based fintech startup Rubique has raised $3 Mn in a bridge round of funding. The round was raised a few months ago but the company chose not to disclose it. Reportedly, it was a part of its $10 Mn-$15 Mn Series B round, the company announced mid 2016. The investment was led by existing inv…
Tag: BankBazaar
Insurance platform Coverfox raises $15 m funding from Transamerica, others
Mumbai-based online insurance brokerage platform Coverfox has reportedly raised about $15 Mn (INR 96 Cr) in Series C round of funding. As per ET sources closer to the development, the round was led by US insurer Transamerica, along with the participation of existing investors. Glibberbug Technolo…
Fintech companies taking advantage of boom in retail lending
Retail lending, the loan against property and credit cards along with unsecured small value business loans etc, has seen a boom lately. This boom has not only helped banks grow their credit portfolio but has also given a major boost to fintech companies in the lending space. Now that the banks ar…