Fintech
SEBI Boosts Overseas Investments with 100% NRIs Contribution
SEBI has taken a significant step to boosts overseas investments by allowing up to 100% aggregate contribution NRIs, OCIs. And also Resident Indians in the corpus of FPIs that are based out of International Financial Services Centres (IFSCs). This move is expected to enhance the participation of Indian investors in the global markets. Also this […]
Avanse Financial IPO: Shareholding Insights & Growth Outlook
Avanse Financial Services is making waves in the financial sector with its upcoming Initial Public Offering (IPO). The company has shown remarkable growth and stability, making it an attractive prospect for investors. Avanse Financial Services’ IPO Details Avanse Financial Services is set to launch an IPO comprising a fresh issue of INR 1,000 crores. Company […]
Hitachi Payment Services Gets RBI Licence for Digital Payments
Recently Hitachi Payment Services gets a Payment Aggregator Licence from the Reserve Bank of India (RBI). This milestone will not only bolster the company’s position in the fintech sector but also enable it to expand its digital payment offerings and value-added services. Expanding Digital Payment Offerings With the Payment Aggregator Licence, Hitachi Payment Services is […]
Acko Expansion into Car Repair Services: Driving Innovation
Recently Acko is about to expansion into car repair services with new service centres in Bengaluru. The company has ventured into the automotive repair industry by opening two new service centres in Bengaluru. This strategic move marks a significant milestone in Acko’s growth trajectory and demonstrates its commitment to providing comprehensive solutions to its customers. […]
Slice Offering Personal Loan Up to INR 5 Lakh for Selected Users
Slice is making waves in the lending sector by offering personal loan up to INR 5 lakhs for selected users. This innovative offering allows users to avail loans of up to INR 5 Lakh, providing significant financial flexibility for various needs. This move underscores Slice’s commitment to expanding its financial services portfolio and enhancing customer […]
Rupeek Secures INR 200 Cr Funding Led by Elevation Capital
Recently Rupeek secures INR 200 Cr funding Led by Elevation capital, mark a significant impact in the company. Rupeek is a Bangalore-based fintech startup specializing in gold-backed loans. It’s currently in advanced negotiations to secure a substantial funding round amounting to approximately INR 200 Cr. This investment drive is set to be spearheaded by Elevation […]