Startup Researcher Asia Pacific’s Post

Fixerra, formerly Fixed Invest, has rebranded to become a comprehensive banking-as-a-service (BaaS) provider under the leadership of founder and CEO Akshar Shah, leveraging his extensive experience from Kotak Mahindra Bank. The startup recently secured Rs 14 crore in funding from investors including Jaideep Hansraj, Shailesh Haribhakti [GCB.D] , Oisharya Das, and the family office of Harish Shah. This investment reflects confidence in Fixerra's vision to bridge the gap between traditional banks and fintech companies, offering a wide array of banking products to digital businesses. Despite challenges, including strategic restructuring, Fixerra aims to expand its technological capabilities and solidify its position as a leading BaaS provider in the embedded finance space. #Fixerra #BaaS #EmbeddedFinance #Fintech #StartupFunding #AksharShah #KotakMahindraBank #Investment #JaideepHansraj #ShaileshHaribhakti #OisharyaDas #HarishShah #DigitalTransformation #FinancialServices #TechInnovation #ArtificialIntelligence #MachineLearning #startup77

Bengaluru-based Moneyview, a tech-enabled lending platform founded by Puneet Agarwal and Sanjay Aggarwal, is nearing unicorn status as it advances in securing $50-60 million in its Series F funding round. This new round, featuring participation from Apis Partners, Accel Partners, and Evolvence India, is set to push Moneyview’s valuation beyond $1 billion. The company, which has raised nearly $190 million to date and was valued at approximately $900 million in its last round, has demonstrated significant growth with a revenue increase of 2.6 times and a profit surge of 27 times in FY23. Additionally, Moneyview is preparing to acquire a mid-stage fintech firm to further boost its market presence. #Moneyview #UnicornStatus #FintechFunding #SeriesF #ApisPartners #AccelPartners #EvolvenceIndia #PuneetAgarwal #SanjayAggarwal #TechLending #FinancialGrowth #StartupAcquisition #startup77

"From Corporate Giants to Startup Founders: Banking Veterans Shake Up the Fintech Scene!" Two banking bigwigs are trading their corner offices for the startup grind! 🚀 InCred’s Group CFO, Vivek Bansal, and Kotak Mahindra Bank’s President, Sunil Daga, have decided to leave their cushy jobs to start Saarathi Finance, a fintech NBFC focused on MSMEs. Saarathi Finance isn’t just another startup with a fancy name. They’re diving into the MSME loan market with a digital-first approach. Secured loans, unsecured personal loans, and a co-lending model that aims to disrupt the financial landscape. Picture a B2B2C super app that’s taking the fight to traditional NBFC players like Indifi, UGRO, Lendingkart, and FlexiLoans. Hmmm this makes sense, Business on lending money in India is a big business. Let's see how strong they build. Follow for insights, updates, and a journey of growth! 🚀 #TechTrends #StartupLife #MarketingMindset #EquityInvesting

🚀 Exciting News in the Fintech World! 🚀 Raise Financial Services, the innovative company behind the investing and trading app Dhan, is in early-stage talks to raise approximately $100 million. This new funding round could propel the company’s valuation to an impressive $1.2-1.5 billion, potentially earning it a place in the prestigious unicorn club! 🦄 According to sources at moneycontrol.com, investment banking firm Avendus has been selected to lead the fundraising efforts. Dhan, founded by former Paytm Money CEO Pravin Jadhav in January 2021, is making significant strides in the industry, competing with established players like Zerodha, Groww, and Angel One. This fundraising initiative comes at a time when Indian stock markets are reaching new heights, driven by strong retail participation. However, it’s worth noting the increased caution from the government and market regulators regarding heightened F&O activity. Stay tuned for more updates as Raise Financial Services continues to make waves in the fintech space! #Fintech #Investing #Trading #Dhan #RaiseFinancialServices #Unicorn #Startups #Funding #Investment

Breaking News! Dhan, a leading stock trading and investment platform, is in talks to raise $100M in a new funding round, propelling its valuation to $1.2-1.5B and earning unicorn status! Founded in 2021 by Pravin Jadhav and Alok Pandey, Raise Financial Services offers a range of financial services, targeting users in Tier I and II Indian cities. Avendus, a leading investment banking firm, has been appointed to handle the transaction mandate. This funding round will further cement Dhan's position in the Indian fintech space and fuel its growth plans. #Fintech #Unicorn #FundingRound #Dhan #RaiseFinancialServices #Avendus #InvestmentBanking #FinancialServices #StockTrading #InvestmentPlatform #IndianStartups #GrowthStory

BharatPe, the fintech firm co-founded by Ashneer Grover and Shashvat Nakrani and backed by Peak XV Partners and Coatue, has raised Rs 85 crore (approximately $10 million) in debt through non-convertible debentures, marking its second debt infusion in 2024. The funds were secured with contributions from Trifecta Ventures Debt (Rs 50 crore) and InnoVen Capital India (Rs 35 crore). Earlier this year, BharatPe completed a $100 million debt round, with expected investments from Innoven Capital and Credit Saison into its NBFC arm, Trillion Loans. The company, which entered the unicorn club in August 2021, has previously raised over $650 million from Tiger Global Management, Dragoneer Investment Group, Steadfast Capital, Coatue Management, and Ribbit Capital. #BharatPe #Fintech #DebtFinancing #PeakXV #CoatueManagement #TrifectaVentureDebt #InnovenCapital #CreditSaison #TrillionLoans #UnicornClub #TigerGlobal #DragoneerInvestmentGroup #startup77

Multipl, a fintech platform co-founded by Paddy Raghavan, Jags Raghavan, and Vikas Jain, has secured $1.5 million in an extended seed round co-led by Blume Ventures and MIXI Global Investments, Inc. This follows a $3 million funding round in May 2022 with investors including Blume Ventures, growX ventures, IIFL (India Infoline Group), and Kotak Securities Limited. The funds will enhance Multipl’s platform, which boasts 500,000 downloads, over 100 brand partnerships, and facilitated goals worth more than Rs 1,000 crore. Competing with Groww, AngelOne Broking/Stock Trading, and PhonePe, Multipl aims to revolutionize mutual fund investments for lifestyle expenditures. #Multipl #Fintech #Investment #BlumeVentures #MIXIGlobalInvestments #GrowXVentures #IIFL #KotakSecurities #MutualFunds #StartupFunding #FinancialPlanning #TechInnovation #startup77

Most interesting asset in #fintech space! Fintech venture Mintoak may get a $300mn tag as two investors set for exit. One-Stop Merchant Ecosystem For All Your Business Needs Powered by real-time analytics and easy access to financial services, our comprehensive digital payments platform helps bridge the gap between banks and small businesses globally. MSMEs deserve more holistic solutions in india. It will continue to emerge as a big market. Another asset which has the potential to reach such height is LESS PAY, small retailers can be included further. In regular conversation with Sahgal Yadav one thing is certain. Retailers space has a lot of room for innovations. LESS PAY is another emerging venture in Retailtechspace. Stay tuned always.. #Fintech #Retailers #SME #MSMEs

How India's Fintech Boom is Shaping the Future Take a look at the potential growth of the fintech industry, Drive with Leadpreneur's now! https://lnkd.in/dhQfA5We #FintechRevolution #CashlessEconomy #FutureOfFinance #FintechTrends #DigitalFinance #TechInFinance #Fintechstartups #Indiastopfintechstartup

Top Fintech Highlights by The Head and Tale Groww’s valuation falls below $2 billion due to domicile shift back to India https://lnkd.in/gGYv4nMQ SoftBank-funded OfBusiness hires top bankers for IPO in 2025 https://lnkd.in/gXi_5sgc SME-focussed fintech CredFlow raises $3.7 million led by existing investors https://lnkd.in/gQwG6BpX Innoviti ropes in Nish Kotecha to its advisory board https://lnkd.in/gcbTt9eF BusinessNext introduces AI agent platform for BFSI sector https://lnkd.in/gJtKQ_Ss Wealth management startup Dezerv posts 95% jump in losses in FY24 https://lnkd.in/g8Dfrgpq