Gaurav Kumar

Mintoak, a Mumbai-based merchant SaaS platform that supports banks and merchant acquirers, has raised Rs 71 crore (about $8.2 million) in a secondary funding round led by Z3Partners. Read the full story here:👇 https://lnkd.in/dhqfMzK6 #saas #merchant #bankmerchant #funding #investors #mumbai #startup #indianstartupnews

282

Mumbai-based fintech startup Saswat Financial Technologies Pvt. Ltd. has raised $2.6 million in a pre-Series A funding round. Ankur Capital led the round, while Incubate Fund Asia Asia also took part, increasing its earlier investment in the company. Saswat Finance plans to use the new funds to improve its technology, launch new financial products, and grow its operations in Maharashtra, Karnataka, and Uttar Pradesh. Arun Tiwari | I J Bhattacharjee | Ravi Ranjan Chaudhary | Rahul Nischal | Chaitanya Mali 🔗 Read full article link in the comment #Saswatfinance #fintechstartups #mumbai #funding #startupnews #innovation #businessupdate

153

20 Comments

🚨🚨 IPO-bound Groww completes acquisition of Fisdom after Sebi nod 📌📌 Fisdom's founders, Subramanya SV and Anand Dalmia, along with their core team, will continue with Groww to lead the wealth business. Read more at: https://lnkd.in/gJ_sJXXb

110

Mintoak, a merchant SaaS platform catering to banks and merchant acquirers, has raised Rs 71 crore (around $8.2 million) in a secondary funding round led by Z3Partners. The company’s product suite includes a range of SaaS offerings that help banks and merchant acquirers connect with their small and medium enterprise (SME) customers and drive the cross-sell of financial products. The startup enables merchant acquirers to deploy and rapidly scale their SME base through payments, cross-selling, service, and gamified loyalty campaigns. Mintoak claims to have empowered 3 million merchants across 6 countries in South Asia, Africa, and the Middle East. Founders: Raman Khanduja, Rama Tadepalli, Sanjay Nazareth, Rohit Ramana, Rama Tadepalli and Kabeer Jain Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in #saas #startup #funding

96

6 Comments

#Update Easebuzz, a payments and fintech platform, raised $30 million in Series A funding led by Bessemer Venture Partners, with participation from 8i Ventures and Varanium Capital Advisors Private Limited. The funding will enhance their vertical SaaS offerings, online payment aggregation, and expansion into offline payments with POS and UPI QR-based Soundbox solutions. Easebuzz has demonstrated strong financial performance, with GTV surpassing $30 billion in FY25 and revenue more than doubling to INR 650 crore from INR 294 crore in FY24, while maintaining profitability. The platform serves over 200,000 businesses across various sectors. The company has also received RBI authorization as a payment aggregator and is seeking a cross-border license. Easebuzz aims to build a comprehensive ecosystem for digital payments and financial operations for Indian businesses. Read the story: https://ow.ly/v8rT50VwfNW #Fintech #PaymentSolutions #DigitalPayments #SeriesAFunding #SaaS #PaymentAggregator #Easebuzz #VentureCapital #RBI #StartupFunding

201

2 Comments

Interoperability is in our DNA. That’s the message Ani Sane, Co-founder & CBO, TerraPay, conveyed in his conversation with FinTech BoostUP. He also shared that the G20 roadmap is accelerating the push toward faster, cheaper and more inclusive cross-border payments. TerraPay x Swift partnership is a major step in that direction, giving 11,000+ banks access to 3.7Bn+ wallets globally and moving the industry closer to interoperability. Future trends: 1. By 2032, there will be more wallets than bank accounts, powering financial access for consumers, SMEs and micro-merchants 2. A wallet used for a QR or NFC payment at home should work abroad just as easily 3. Interoperable POS acceptance will fuel the next wave of global retail and travel spending Watch the full conversation: https://hubs.la/Q03QmLCK0 #TerraPay #FintechBoostUp #Swift

106

🌟 A proud moment for Rajasthan's fintech ecosystem! GetePay, a rising digital payments and merchant services platform has secured the final authorization from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator (PA) under the RBI’s regulatory framework. What's even more exciting? This makes Getepay the first fintech company from Rajasthan to receive this prestigious license! Founded by Pravin Sharma, Getepay has already onboarded 1.5 million+ merchants from local Kirana stores and e-commerce platforms to educational institutions and small manufacturers. The platform is focused on empowering SMEs with seamless and secure digital payment solutions that are easy to adopt and scale. At Enterslice, we’re thrilled to see fintechs like Getepay achieve such milestones. We’ve been at the forefront of helping businesses manage the complexities of the Payment Aggregator License process, and success stories like this are what we strive for every day. 👉 If you're a startup or a fintech entrepreneur dreaming of becoming the next big name in digital payments, we’re here to help you make it happen. Let’s build the next success story. #Getepay #FintechSuccess #RBIAuthorisation #PaymentAggregatorLicense #DigitalPayments #RajasthanStartups #SMEs #Enterslice #FintechIndia #StartupGrowth

134

18 Comments

Shubham Agrawal has been appointed as Chief Technology Officer at VimanoTech, where he leads technology strategy and innovation in AI-powered lending. Prior to this, he served as Head of Information Technology at Abhiyan Capital, a Non-Banking Financial Company (NBFC) specializing in secure business loans for underserved small businesses. At Abhiyan Capital, he drove digital transformation by implementing low-code platforms, digital verification processes, and fraud detection systems, ensuring operational efficiency and scalability. Earlier, Shubham held Chief Technology Officer roles at Rupee112, BharatLoan, and Loanwalle, where he built fintech ecosystems around personal loans, digital lending platforms, and AI-driven customer engagement solutions. His leadership spanned technology strategy, fintech product development, fraud risk management, and loan lifecycle automation. With experience across NBFCs and fintech ventures, including Loanwalle.com and BharatLoan, Shubham has consistently focused on integrating innovation, compliance, and secure technology infrastructure to accelerate growth in digital lending. #ShubhamAgrawal #VimanoTech #AbhiyanCapital #Rupee112 #BharatLoan #Loanwalle #FintechInnovation #DigitalLending #CTOLeadership #NBFC #CXODrive

142

18 Comments

FINTECH SCOOP: Techfino Capital Private Limited Bags ₹65 Cr in Equity Funding to Scale Secured MSME Lending 🔎 Bengaluru-based fintech NBFC Techfino has secured ₹65 crore in equity funding led by Stellaris Venture Partners and Saison Capital (the VC arm of Credit Saison). 🔎 The company, profitable since its first full year, plans to double its branch footprint from 30 to 60 in the next 12 months—targeting underserved MSMEs in Tier II/III cities across Karnataka, Gujarat, MP, and AP. 🔎 With ₹200 Cr AUM across 100k+ loans spanning unsecured education and LAP loans, Techfino will invest in tech upgrades, hiring, and branch-led expansion to ramp up secured disbursements from ~₹10 Cr/month. Rajesh Panda Jayaprakash Patra Ratikanta Satapathy Mayank Bhawsar Mukesh Pandey Follow the India FinTech Forum for news, events, and job updates. #fintech #MSMElending #fundingnews

30

🚀 Fintech IPO Fever: Pine Labs Goes Public! 🚀 📢 Pine Labs has filed its Draft Red Herring Prospectus (DRHP) with SEBI, aiming to raise up to ₹2,600 crore (~$304 million) via a mix of fresh shares and an offer-for-sale involving ~147.8 million existing shares. 💼 Big names cashing out: Global investors like Peak XV (formerly Sequoia India), PayPal, Mastercard, Temasek, Invesco, Actis, Madison, and co-founder Lokvir Kapoor plan to offload stakes. 📈 Funds allocation: Approx. ₹870 crore to repay debt. ₹760 crore for tech investments and cloud infrastructure. ₹60 crore earmarked for overseas subsidiaries (Singapore, Malaysia, UAE). Remaining funds for general corporate purposes & acquisitions. 🌎 Strategic pivot & growth: Pine Labs, a merchant PoS and payments powerhouse competing with Paytm, PhonePe, and Razorpay, has expanded into BNPL, gifting platforms, and more—processing over ₹7.5 lakh crore transaction volume and achieving profitability in 9M FY25 with ₹26 crore net profit. 🏦 Institutional confidence: Backed and led by top banks like Morgan Stanley, Axis Capital Ltd., Citi, J.P. Morgan, and Jefferies, Pine Labs is positioning itself for a marquee listing and potential ~$4–5 billion valuation. For more exclusive content follow us on Instagram. Follow for more banking and financial news. #PineLabsIPO #Fintech #Payments #DigitalIndia #IPO2025 #TechFinance #SEBI #Investing #BankingNews #StartupIndia

85

Exciting Funding Update! TransBnk - Transaction Banking Platform is a Mumbai-based banking infrastructure startup founded in 2022 by Vaibhav Tambe, Lavin Kotian, Sachin G. and Pulak Jain. The company builds an API-driven platform for transaction banking, enabling fintechs, corporates and non-banking finance companies to connect with multiple banks for onboarding, escrow management, reconciliations and other financial operations. ~Team Rishav Agarwal | CA Kailash Kushwaha | CS Sarita Magar | Sarvneek Kohli | Clinton G. | Pratekk Agarwaal #TransBnk #FundingUpdate #BessemerVenturePartners #ArkamVentures #FundamentumPartnership #8iVentures #AccionVentureLab #GMO #SeriesB #FintechInfrastructure #APIBanking #GlobalExpansion #IndiaToWorld

104

3 Comments