FinTech | Page 2

Razorpay has launched the Razorpay Venture Investment Programme in partnership with Peak XV Partners and Lightspeed, investing up to USD 1 million per startup to support 10-15 early-stage startups annually.

BlueGreen Ventures aims to focus on early-stage startups in climate tech, fintech, and B2C, with investments of INR 7-12 crore, and supports IPO-ready companies via secondary investments of INR 20-30 crore.

From the shortlist, winners of Fintech Startup of the Year and Scale up of the Year will get a chance to attend globally prestigious events FiNext Conference in Dubai and Money 20/20 Asia in Bangkok.

India is currently home to nearly 116 unicorns, with the number projected to reach 280 by 2030

We still fear losing our hard-earned money due to banking scams or ATM thefts. The anxiety surrounding misdiagnosis in healthcare is also real, compounded by concerns about AI biases, leaders addressed these issues with modern solutions

The fund aims to target high-potential fintech and gaming startups in India and US, offering early-stage investments of USD 500,000 to USD 2 million.

Zaggle Prepaid Ocean Services Limited has announced two major acquisitions as part of its strategic expansion. The company has invested a total of INR 48 crore to acquire stakes in two key players

The firm plans to support 17-20 companies, with cheque sizes ranging from USD 750K to USD 1 million for initial investments and USD 2-3 million over the lifecycle of the startups.

Experian India, the regional arm of the global business services company has recently come up with a white paper called "Small is BIG: How Fintechs are Revolutionising Lending", highlighting the rapidly growing roles of fintech in providing small-ticket loans to the previously underserved segments in the country.

Harshil Mathur, CEO of Razorpay, had a compelling discussion with Vivek Deep, Executive Director at the Reserve Bank of India (RBI), at the Global Fintech Fest, delving into the state of the fintech ecosystem in India

It is only the SRO that can inculcate such a culture, said Rabi Sankar

The report states that Generative AI and API-based open architecture are key drivers of future growth with applications ranging from customer service automation to fraud detection, fintech is exploring strategic international expansion.

At the Global FinTech Fest 2024, Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India (SEBI), shared her vision on how FinTech can play a transformative role in simplifying business operations and regulatory compliance

Current financial system is not able to cope with the demands of users says Nandan Nilekani, co-founder Infosys

The FinTech industry is undergoing a significant transformation, driven by the rapid pace of technological evolution

In a recent discussion at the Global FinTech Festival, Shailendra Singh, Dilip Asbe and Amrish Rau, comprehensively take on the dynamic world of FinTech, setting the stage for a broader conversation on the sector's future

The next decade is crucial for India; entrepreneurial spirit and innovative minds of Indians will help the country achieve its economic targets

By democratizing credit, axio caters a large volume of the customer segment that does not have a personal credit product at their disposal

According to a recent report by Traxcn, India's fintech sector recorded a decline in funding activities in 2024. The report named 'Tracxn FinTech Report' states that the sector received funding of USD 795 Million in 2024, marking a decline of 11 per cent and 57 per cent compared to the USD896.7 Million second half of 2023 and USD 1.93 Billion in the first half of 2023 respectively.

Even though, the funding went down by 70 per cent and valuations fell from 20x to 4x on average, it still holds huge potential in the coming years.

With an initial cheque size of INR 4–10 crores (USD 500k–1 million), Cedar-IBSi Capital will seek to invest in around 15 early-stage BankTech-focused startups in their Seed-Series A rounds.