The Startup India Insight

Fintech


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Rohit Sharma Invests in LEO1 to Boost Education Sector

Recently their was a significant impact is recorded in the fintech market with Rohit Sharma Invests in LEO1. Fintech startup LEO1 has announced a significant development by bringing on board Rohit Sharma, the renowned cricketer, as a strategic investor. This move is set to propel the company into new heights, aligning with its mission to […]

Aye Finance Secures INR 250 Cr to Boost MSME Lending in India

In today news we covered about Aye Finance Secures INR 250 crore in debt funding. This significant investment, raised from the Dutch entrepreneurial development bank FMO, marks a pivotal moment for the company. It aims to enhance its lending capabilities to micro, small, and medium enterprises (MSMEs) across the country. The Funding Milestone The latest […]

Paytm to Sell Movie Ticketing Biz to Zomato for INR 1,500 Cr

Recently Paytm is in a discussion with Zomato for a reason that Paytm to Sell Movie Ticketing Biz to Zomato for INR 1,500 Cr. This potential deal marks a significant strategic move for both companies, as they look to realign their core business focuses and expand their market reach. The Core of the Deal The […]

UPI Transactions in the First 15 Days of June,2024

From June 1 to June 15, 2024, the Unified Payments Interface (UPI) recorded a strong performance with 708 crore transactions, amounting to 10.95 lakh crore. This indicates a steady growth in digital payments and increased trust in the UPI system. Compared to May 2024, these figures show a promising trend, with the total transaction volume […]

Digital Invoice Financing Rises: Empowering India’s MSMEs

Recent days digital invoice financing rises with a great speed and its help in empowering India’s MSMEs. In India, small businesses are the backbone of the economy. Their are about 600+ MSMEs are in India which plays a important role in improving the Indian economy. Rural areas house 324.9 lakh of these businesses, while urban […]

Marshall Wace Sells Paytm Stake in INR 25 Cr to BNP Paribas

Recently Marshall Wace sells Paytm stake in INR 25 Cr to BNP Paribas. Let’s break down the information and understand about this news completely. In a significant move within the fintech sector, UK-based hedge fund Marshall Wace has sold its stake in Paytm. This transaction took place through a block deal, marking an important event […]

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