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Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. As we head into a long holiday weekend here in the …
Inside Rent Butter: Why credit scores shouldn’t tell the whole story Read More
FabHotels’ parent Casa2 Stays has raised funding to the tune of $20 million from new and existing backers, sources aware of the development told Entrackr. “Panthera led $20 million in …
Exclusive: FabHotels raises $20 Mn to scale new vertical TravelPlus Read More
Walmart has spent $3.5 billion to acquire Flipkart’s remaining stakes from its backers Accel Partners, Tiger Global and the e-commerce marketplace’s co-founder Binny Bansal. The world’s largest retailer has disclosed …
Walmart coughed up $3.5 Bn to acquire Tiger, Accel and Binny Bansal’s stake in Flipkart Read More![Funding and acquisitions in Indian startups this week [28 Aug-02 Sep]](https://newzpad.com/wp-content/uploads/2023/09/newzpad-9.jpg "Funding and acquisitions in Indian startups this week [28 Aug-02 Sep]")
This week, 13 Indian startups raised about $52 million. MediBuddy and SatSure raised $18 million and $15 million respectively. Last week, 19 Indian startups raised funding worth about $233 million. …
Funding and acquisitions in Indian startups this week [28 Aug-02 Sep] Read More
While fintech services marketplace BankBazaar has projected to break even in the current fiscal year (FY24) with Rs 250 crore in revenue, the Chennai-based company’s FY23 number shows it generated …
BankBazaar nears Rs 160 Cr revenue in FY23, controls losses Read More
August was a month which produced one unicorn, had three shutdowns and more than a dozen layoffs. India saw its first unicorn of 2023 in August after a gap of …
Startup funding remained below $500 Mn in August despite one unicorn Read More
Bookkeeping app and lending platform Khatabook has joined the league of various growth-stage companies which reduced workforce to cut costs and extend the runway. The company has laid off over …
Peak XV-backed Khatabook lays off over 40 employees Read More