The Benow digital payments platform is empowering hundreds of local merchants across Mumbai to accept hassle-free digital payments through BHIM & other UPI apps. Named as ‘BHIM-Enablement Service’, this is a cost-effective and secure method of accepting payments directly into the merchant’s b…
Tag: Yes Bank
Fintech start-up perfios secures $6.1 mn in series A funding
Bengaluru-based fintech firm Perfios has reportedly raised $6.1 Mn (INR 40 Cr) in Series A funding round from Bessemer Venture Partners. This is Bessemer’s first deal in a pure play fintech platform. The raised funds will be used for team strengthening, international expansion to the UAE & So…
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…
Yes Bank accelerator eyes B2B Fintech in Newest Accelerator Program
Yes Bank has chosen 12 startups to partake in its accelerator program, and among them are several B2B FinTech players. The India bank’s program, launched in partnership with T-Hub, announced the 12 participants March 17. The companies were selected from 753 applicants across 18 countries, accordi…
Yes Bank’s Business Accelerator Program picks 12 fintech start-ups
YES FINTECH, Yes Bank’s Business Accelerator Program for Fintech Startups, on Friday announced the 12 startups that are set to join its inaugural cohort. The final 12, were selected from the top 35 startups who showcased their solutions to the YES FINTECH Leadership over a 2 day pitching se…
IndiaMART partners with TiE Delhi-NCR for annual SME Conclave 2017
IndiaMART,India’s largest online marketplace, organized the annual SME Conclave 2017 in association with TiE Delhi-NCR at the Welcome Hotel Sheraton in Saket, New Delhi. Themed ‘SMEs in new India’, the conclave featured several leaders from the industry discussing various facets of young business…
Budget 2017 needs to address structural changes: Yes Bank CEO
At a time when the economy is gathering momentum, the Budget will certainly be the most important opportunity to chart the future course for structural and institutional reforms. 2017 promises to be a year where we stand to reap the benefits of passage of key reforms such as GST and the Bankruptc…
Yes bank ties up with T-Hub, Anthill for Fintech start-ups
Yes Bank said it has launched ‘Yes Fintech’, a business accelerator program in collaboration with T-Hub, a startup incubator set up by the Telangana government and Anthill – a speed scaling platform for early growth stage start-ups. ‘Yes Fintech’ is inviting applicat…
Demonetisation: Yes Bank, Grofers tie up to deliver cash at doorstep
Extending facility to deliver cash at doorstep, Yes Bank has now tied-up with e-grocer Grofers allowing customers to get cash of up to Rs 2,000 when they order grocery online. “Grofers, the on-demand e-commerce mobile and web application, is opening up a new avenue for people to get cash …
Online sales extravaganza helps sellers rake in crores
Festive sale across platforms like Amazon, Flipkart and Snapdeal are helping sellers rake in big mullahs with hundreds of them clocking over Rs 1 crore a day from the sales extravaganza. Snapdeal said 37 sellers crossed the turnover of Rs 1 crore each on day 1 itself, while Amazon said nearly 100…