FinTech
Validus Secured Seed Funding from AUM Ventures for Expansion
Recently Validus achieved a significant milestone when it announced that it has secured seed funding round. The funding comes from AUM Ventures and a group of strategic investors, marking a significant milestone for the young company. Since Validus founded in 2021 by Ganesh Venkatachalam, it aims a revolutionized investment management industry with its innovative digital […]
Groww Investor Base Doubles and Reached to 11M in One Year
Groww has doubles its active investor base within a single year, reaching nearly 11 million users. This surge highlights Groww’s rising influence in the competitive Indian investment market. Significant Growth Compared to Last Year According to a report by Moneycontrol, Groww’s user base was around 5.65 million during the same period in the previous year. […]
SoftBank Exit from Paytm: Insights and Impact on Fintech
SoftBank strategic exit from Paytm has drawn significant attention in the financial world. This move, marked by a substantial loss, raises questions about the investment strategies and future prospects of one of the largest tech investors globally. SoftBank’s Investment in Paytm SoftBank initial invested in One97 Communications, a Paytm parent company in 2017 around $1.5 […]
Paytm Stake: Mutual Funds Increase as FIIs Reduce Holdings
The financial landscape is witnessing a significant shift as mutual funds continue to increase their stake in Paytm, while foreign institutional investors (FIIs) reduce their holdings. This trend is shaping the ownership dynamics of the fintech giant, One97 Communications Limited, which operates under the brand name Paytm. Mutual Funds Show Growing Confidence in Paytm In […]
CASHe Acquires Centcart Insurance To Enter Insurance Market
CASHe has strategically acquires Hyderabad-based Centcart Insurance Broking Services, marking its entry into the insurance broking space. This acquisition enables CASHe to hold an IRDAI-approved license, opening new avenues for selling a wide range of insurance products from various Indian insurers. With a customer base of 50 million users, CASHe aims to target the underserved […]
Flipkart New Bill Payment Options Will Expand Its Fintech Offerings
Flipkart is taking a significant step forward in the fintech space by adding New Bill Payment Options. The company has announced the addition of new bill payment options to its platform, enhancing the user experience and broadening its service offerings. This move is set to solidify Flipkart’s position as a versatile and customer-centric platform. New […]