Zenwork, a provider of digital tax compliance and regulatory reporting fintech SaaS platform for businesses everywhere, has successfully raised over INR 1200 Crores from Spectrum Equity, a growth equity firm focused on internet-enabled software and information services companies. According to a statement, “The investment will enable Zenwork, operating the brands Tax1099 and Compliancely, to accelerate…
Bridgeweave, a London based fintech has announced the addition of Gopinath Natarajan to its management team as Director, Solutions for Asia. Gopinath joins Bridgeweave following two years with Yes Securities, where he was responsible for Product & Investment Portfolios that spread across tech-led and traditional offerings. He managed a 50+ team across digital product initiatives,…
DYNINNO Group, a US-based international group of companies, operating in the Travel, Fintech, and Entertainment industries, has introduced six core company values to develop a unified, well-balanced, and one-purpose-oriented working environment for its 3500 employees and agents across 14 global offices. The company states that it believes that while corporate culture is an essential driving force for staff recruitment, retention, and…
Rapyd, a global fintech as a service company, has announced a $300 million Series E funding round led by Target Global. Joining the round are several new investors including funds managed by Fidelity Management and Research Company, Altimeter Capital, Whale Rock Capital, BlackRock Funds, and Dragoneer, along with participation from existing investors: General Catalyst, Latitude,…
Tide, a provider of digital business banking services in the UK, has announced that it has secured $100 million in the latest financing round led by Apax Digital Fund. “The Series C round, which has brought the total funding raised to date to $200 million, also saw participation from existing investors, including Anthemis, Augmentum, Jigsaw,…
Assisted living space startup Arcatron Mobility has secured an undisclosed sum in growth financing through fintech platform Klub. Speaking on the investment, Ganesh Sonawane, Co-founder and CEO of Arcatron Mobility, commented, “We started Arcatron to build world-class mobility devices and offer assistive, adaptive, and rehabilitative devices for people with limited mobility. Arcatron has grown year…
Capital Market FinTech solutions company S-Ancial Technologies Private Limited, founded by Pradip Seth, and co-founded by Dr. Shailendra Raj Mehta, has announced that it has raised USD 1.4 million in Pre-Series A funding. JITO Angel Network led the round. Among those who invested were Rahul Mehta of DST Global, Suresh Jain of Sun Capital, Rank…
Talisma Corporation Pvt. Ltd., a provider of customer experience solutions, has announced that it has partnered with Active Intelligence Pte Ltd, a Singapore Fintech start-up. The partnership strengthens Talisma’s technology products and solutions enabling it to integrate a next-gen conversational AI chatbot into its platform and offer it to its BFSI customers, according to a…
Jai Kisan, a rural fintech startup, has announced that it has raised US $30mn in a combination of equity and debt in its Series A funding round. The round was led by Mirae Asset. Syngenta Ventures, existing investors Blume, Arkam Ventures, NABVENTURES (NABARD), Prophetic Ventures and Better, other global investors, along with HNIs also participated…
Circle, a global financial technology firm that provides payments and treasury infrastructure for internet businesses, has announced the appointment of Mandeep Walia as Chief Compliance and Risk Officer. Mandeep joins Circle’s leadership following an extensive career in global financial compliance and risk management at various organizations. Most recently, Mandeep served as the Chief Compliance Officer…
Fintech company ZipLoan has appointed Sachin Sanduja as Head of Sales and Marketing. In the new role, he will be responsible for scaling up ZipLoan’s operations. Speaking on his appointment, Sachin Sanduja said, “I am excited to be a part of ZipLoan’s journey and propelling towards the next stage of growth. Business loan for MSME continues to…
Choice Group has launched a fintech aggregator platform — ISMOS offering life, health and general insurance. “With insurance penetration in India being just over 2%, the intuitive, interactive and tech-enabled platform with universal reach, offers comparable quotes from multiple insurance companies that would facilitate the customer or user to take a well-informed decision keeping his…
A digital equity management platform for private companies. Qapita has raised $5 million in funding round led by MassMutual Ventures. Hyderabad-based Endiya Partners, a venture capital firm along with angel investors – Udaan co-founder Sujeet Kumar and Anjali Bansal – Avaana Capital founder, among others also participated in the fresh financing round. The round also…
Tribal Credit, a payment fintech specially designed for small and medium-sized businesses in emerging markets, has announced closing a combined Series A and debt round of $34.3 million. The investment was led by QED Investors and Partners for Growth (PFG). Existing investors BECO Capital, Global Ventures, OTG Ventures and Endure Capital also took part in…
Easebuzz, a fintech startup, has secured $4 million in its ongoing Series A funding round. The 8i ventures, Guild Capital and Varanium capital led funding round also saw participation from former founders of Citrus Pay Amrish Rau and Jitendra Gupta. The funds raised from the latest round of funding will be used to strengthen the…