Posts Tagged ‘ IndiaLends ’
Friday, December 30, 2016
Arti Singh & Joseph Rai
The last two years have seen the emergence of more than 25 startups in the online lending space, and the majority of them also getting funded, according to a TechCircle analysis. In fact, together with payments tech (primarily wallets), which hogged all the limelight recently thanks to the Centre...
Online lending marketplace IndiaLends has secured $4 million (around Rs 27.3 crore) in its Series A funding round from existing investor DSG Consumer Partners. American Express Ventures, Chinese investment firm Cyber Carrier VC and Noida-based early stage fund AdvantEdge Partners also participated i...
1 December, 2016 |
Financial-technology startup Datasigns Technologies Pvt. Ltd has raised an undisclosed amount in angel funding from V. Bunty Bohra, CEO of Goldman Sachs Services India, and former JP Morgan and UBS executive Sanjai Vohra. Bohra invested in his personal capacity, the mobile-first startup said ...
22 November, 2016 |
Fintech startup Lendingkart Group has acqui-hired KountMoney, an online lending marketplace for personal loans, to boost its technology and data analytics capabilities. Acqui-hire refers to the buyout of a company primarily for the skills and expertise of its staff, rather than for its products or s...
18 October, 2016 |
The Reserve Bank of India’s (RBI) move to regulate online peer-to-peer lending (P2P) platforms augurs well for the nascent sector but needs greater clarity to ensure they don’t choke the startups that are helping provide funds to those who are outside formal banking channels. P2P lending ven...
26 May, 2016 |
Online peer-to-peer (P2P) lending marketplace i2ifunding has raised Rs 2 crore (around $300,000) in angel funding from a group of angel investors. Two angel investors from Mumbai and one Indian investor based in Japan have participated in this round, Vaibhav Kumar Pandey, co-founder, i2ifunding, tol...
20 May, 2016 |
The Reserve Bank of India on Wednesday proposed to define peer-to-peer lending ventures as non-banking finance companies and prescribed minimum capital requirements for such startups to regulate the nascent but fast-growing segment. The development comes at a time when a number of startups have spru...
28 April, 2016 |
IndiaLends, an online marketplace that connects lenders and borrowers for unsecured loans, has raised $1 million in a bridge investment round led by existing investors DSG Consumer Partners, Siddharth Parekh and Gautham Radhakrishnan. The New Delhi-based startup, which last raised funds in August,...
5 October, 2015 |
New Delhi-based financial technology start-up IndiaLends has raised an undisclosed amount in a pre-Series A round led by DSG Consumer Partners and angel investors including Siddharth Parekh. Founded in March this year by two former managers of American financial services firm Capital One, Gaurav C...
7 July, 2015 |