Synup, a provider of SaaS-based marketing solutions startup that enables local businesses to manage their online presence, has raised $6 Mn Series A funding. The round led by Vertex Ventures also saw participation from existing investor Prime Venture Partners. The startup will use the newly raise…
Tag: MoneyTap
Lending app Shubh Loans raises $1.5 m in pre-Series A round from SRI Capital, others
Datasigns Technologies Pvt. Ltd, which runs online lending platform Shubh Loans, has raised $1.5 million (about Rs 10 crore) in a pre-Series A round from SRI Capital, Japan’s BeeNext and Pravega Ventures. Shubh Loans will use the funds for building its technology team and market expansion, the Be…
Online lending start-up KNAB Finance raises funds from InCred, others
KNAB Finance Advisors Pvt. Ltd, a fin-tech firm that provides unsecured working capital loans to small and medium-sized enterprises (SMEs), has raised a little over Rs 2.5 crore in two funding rounds. Non-banking financial company (NBFC) InCred, and over a dozen individual investors including Min…
Lending start-up MoneyTap raises $9m from Sequoia, others
Consumer lending start-up MoneyTap has raised $9 million in a funding round led by Sequoia India. Existing investors NEA and Prime Venture Partners also participated in the round. Founded in 2015 by Bala Parthasarathy, Anuj Kacker and Kunal Varma, the platform provides credit to salaried employee…
Budget 2017: Expectations & predictions by start-ups & tech leaders
All eyes in the country are on the Union Budget 2017, which will be announced on February 1. Post the demonetisation exercise, this will be a chance for the government to take stock, and set the terms for the future. Businesses will be looking at Budget 2017 for breaks to help offset any upset du…
MoneyTap launches credit line app
Fintech start-up MoneyTap has launched a credit line app in partnership with its banking partner RBL Bank. Using the app, a salaried employee can borrow as little as Rs. 3,000 or as much as Rs. 5 lakh from a bank. Credit line is a fairly new concept in India, and is an arrangement between a bank …