Fintech platform PhonePe on Wednesday said the company envisions massive opportunities ahead across UPI, lending, account aggregator, insurance, and ONDC.
PhonePe recently raised $350 million in funding from General Atlantic, a leading global growth equity firm, at a pre-money valuation of $12 billion, making it a decacorn.
"General Atlantic is a really good blue chip global investor that has a long view on companies, which gives us the flexibility to be able to actually do at-scal...
PhonePe envisions massive opportunity ahead across UPI, lending, insurance, ONDC
Blume Ventures, a seed-stage Indian investor, has raised more than $250 million for its fourth and largest fund to court more early-stage startups, the venture firm said on Wednesday.
The new fund will focus on edtech, fintech, health, commerce and consumer internet. It will also invest in robotics, artificial intelligence, software-as-a-service and enterprise software, it said in a statement.
The investors in the fourth fund include domestic and global family offices, sovereign w...
India`s Blume Ventures raises over $250 million for new fund
C.N. Ashwath Narayan, Karnataka Minister for IT/BT, launched the 'Booster Kit' initiative on Friday which aims to support the growth of startups in the state.
As part of the initiative, the government inked nine MoUs at the Bengaluru Tech Summit 2022 with ecosystem partners, which included Google, Paytm, HDFC, RazorPay, Microsoft, The GAIN, Dayanand Sagar Entrepreneurship Research and Business incubation, AWS Activate and StrongHer Ventures.
On behalf of the government, the offi...
Bengaluru Tech Summit: Booster Kit initiative launched to facilitate startups` growth
