Lending

With this round, KreditBee’s parent company Finnov has cut down the shareholding of its existing Chinese backers from 40% to 10%.

Ant Group’s valuation is estimated to fall by more than half after the business overhaul.

India recently announced a seed fund with a corpus of USD 136 million.

More digital companies dump new businesses under government pressure.

Nationwide distance-learning measures have increased educational expenses.

BharatPe plans to raise USD 500-700 million in venture debt over the next two years.

Tech giants feel a new chill with heightened scrutiny on monopolistic practices.

The Noida-headquartered payment and financial services firm aims to become profitable by 2022.