Mumbai: Private sector lenders HDFC Bank, Axis, IDFC, Kotak Mahindra and Yes Bank have started extending short term credit to meet working capital needs for Ola, Power2SME, Flipkart, OYO, Zinka, Capital Float, investment banker-turned-entrepreneur Fulguni Nayar-owned Nykaa and many others, throwi…
Tag: Fintech startups
Pune start-up hub bucks funding slowdown trend in India: VCEdge Funding
Pune has bucked the funding slowdown and is one of the few startup hubs in India to buck the funding slowdown. In Maharashtra too, Pune has seen a 69% annual increase in startup funding deals and a jump of 35% in funding value with $52.5 million raised across 59 deals in 2016, according to VCCEdg…