Tuesday, December 06, 2022
Outlook.com
Outlook India
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Fintech

In April 2022, MyShubhLife raised $13.18 million in a Series B funding round

KreditBee aims to cross an AUM (asset under management) of USD 1 Billion+ over the next 6 to 9 months

In an attempt to pursue his opportunities in the start-up ecosystem, Arvind left Nykaa a few days ago

The total disbursement volume increased to 1.63 crore in Q2 2022 from 65.56 lakh in the same period last fiscal

In FY22, the fintech reported Rs 1,690 crore in revenues, which is more than double from Rs 640 crore in FY21

This month, Recur Club joined hands with Titan Capital to provide up to Rs 100 crore in recurring revenue-based financing to its portfolio companies

The size of the global travel insurance market was estimated at $17.60 billion in 2021 and is predicted to increase to $120.3 billion by 2030

The fintech plans to aggressively hire software engineers, technical leads and product managers for the launch of its flagship product in January 2023

Kae Capital leads this round, with participation from Antler India and angel investors such as Nitin Gupta (Uni Cards), Ishpreet Gandhi (Stride Ventures), Shashikant Dola (McKinsey & Company), Tushar Mehndiratta (Avail Finance), Vadiraj Kulkarni (CEO, ITC...

In February, the fintech raised $11 million in a Series A funding round.