Mumbai: PurpleYo, an online market place for commercial real estate in India, is looking to raise $15 million for its expansion. The data and analytics firm said it is also eyeing co-working space and lending opportunities to SME players. “Our attempt was to create a marketplace model for co…
Tag: fintech
How fintech players can help banks bridge the gap in SME lending in India
Before the Indian government liberalized the economy in 1991, the success of businesses in India depended mostly on government contacts, licenses, bureaucracy and ambition. Today, the competitive landscape is much more diverse, with family businesses having to compete with MNCs for better technol…
Village Capital launches applications for programme supporting FinTech start-ups in India
Village Capital, a leading venture development organization, has launched applications for its FinTech: India 2017 programme, that will find, train and invest in early-stage fintech companies across India. The programme is being supported by PayPal, a leading digital payments company, and FMO, th…
Cybersecurity maturity of Indian start-ups is abysmally low, says report
Indian organizations across different sectors on an average scored only around 50 out of 100 on the cyber security scale
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How fintech start-ups can help banks bridge SME lending gap in India
A major challenge that could stymie SME sector growth is the lack of adequate and timely funding
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German media group Bertelsmann plans to invest $200-250 m in Indian start-ups
Mumbai: German media group Bertelsmann, which targets to invest $50-60 million each year in India, is looking to deploy $200-250 million in the country’s startup ecosystem over the next four years. Three years after it made its first investment in India, Bertelsmann India Investm…
Fintech players helping banks disburse more loans
Two years of fintechdriven reach has helped banks grow about 15-20 per cent indicating that banks’ dependence on `feeton-street’ to campaign for loans may recede in a few years. Bankers said nearly a third of their customers below 30 years were on-boarded through the digital platform.…
How digital lending will transform the SME landscape
Small and Medium Enterprises in India are waking up to the power and benefits of digital lending. With loans and other things made easy, they can focus their energies on the business at hand.
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Why fintech start-ups are wooing India’s small businesses
Fintechs specializing in micro-financing are gaining the trust of Indian SMEs and MSMEs. Small and medium businesses have thrived in India for decades, specifically empowering smaller towns and cities.
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Payments solutions start-up Ezetap raises $16 m from Jonathan Soros, other investors
Bangalore based payments solutions company Ezetap has raised $16 million in funding from Jonathan Soros owned US-based venture capital fund JS Capital Management and other investors, taking total funding in the firm to $51 million. Chamath Palihapitiya founded Social Capital also invested in this…