CreditVidya, which uses data to provide credit scores for individuals, has raised $5 million in its series B funding round led by Matrix Partners India. The Mumbai-based company’s existing investor Kalaari Capital has also participated in the latest fund raise. CreditVidya co…
Tag: CreditVidya
Fintech start-up Perfios raises about Rs 40 cr from Bessemer VP
Fintech company Perfios Software Solutions has raised about Rs 40 crore in its series-A round from Bessemer Venture Partners. The Bengaluru-based firm, founded in 2009 by V R Govindarajan and Debasish Chakraborty, plans to use the funds for organic and inorganic expansion. “We will use the funds…
IDG, Accion to invest more in CreditMantri
Chennai-based online credit management startup CreditMantri Finserve Pvt. Ltd is set to raise Rs 51 crore ($7.6 million) in Series B funding from new and existing investors. Citing filings with the Registrar of Companies (RoC), The company has approved the resolution for the fund-raise. Existing …
Demonetisation Effect | E-wallets making hay while digital lending start-ups feel the heat
The rapid embrace of digital payments following the crackdown on cash transactions is set to greatly benefit an allied industry: alternative lending startups. Digital payment companies such as Paytm have emerged the immediate winners post the government’s decision to scrap high-value banknotes an…
Kalaari Capital leads $2 million Series A funding round in Creditvidya
Early-to-mid-stage venture capital firm Kalaari Capital has led a $2 million (Rs 13.3 crore) funding round in financial technology startup Infocredit Services, which operates credit score advisory platform CreditVidya . Additionally, the three year-old, Mumbai-based startup has received Rs 1 cror…