Artificial intelligence (AI) is the core of today’s startup innovation. However, there is a catch and many of the most powerful models are black boxes. They deliver predictions, classifications or recommendations with little insight into why. The opacity is risky for young such companies which are trying to win customer trust, attract investors and meet […]

Navanc, a pioneering FinTech startup building India’s first AI-powered property score and stack for secured lending and insurance practices, has successfully raised $1M in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors. The funds will be directed […]

The startup world is often equipped with stories of innovation, ambition and ideas. It is a segment where dreams take flight and industries are redefined. However, beneath this lies a dark reality where greed and deception have occasionally shattered trust of investors and sometimes of employees. A good number of them have become infamous due […]

The Reserve Bank of India (RBI) has once again tightened its grip on the fintech industry. A move has sparked debates over whether its actions are stifling innovation. Its crackdown this week on prominent non-banking financial companies (NBFCs) like Navi Finserv and DMI Finance highlights increasing tension between regulators and fintech startups. Zeta founder Bhavin […]

How is AI transforming the financial services industry, and what impact will the emergence of generative AI have on this sector? Generative AI applications are becoming a vanguard in many industries across global economies. Among industry sectors, the digital financial services industry is poised to further leverage this opportunity to enhance efficiency, improve customer experience, […]

Bengaluru’s fintech startup CheQ has made headlines second time by successfully securing again $2.2 million (Rs 18.5 crore) in an extended seed round. It raised $4.5 million a month earlier. The two investments within a short period highlights the continued interest of investors in the company and its vision. The new capital came after a […]

Insurance-First BNPL startup, Finsall has raised INR 15 crore in a bridge round led by Unicorn India Ventures and Seafund with additional involvement from other institutional investors. The funds raised will be used for setting up an NBFC to scale lending operations and deliver more value to its customers in insurance premium financing. The funds will […]

Fintech startup iBind Systems has something better to offer. It has partnered with Google Cloud to revolutionize the corporate banking segment. The primary focus is to improve the way banks and financial institutions handle their corporate customers in today’s system. iBind is known for its advanced software and Google Cloud has a powerful infrastructure as […]

The domicile flow is shifting in reverse direction. India seems offering better opportunity to startups than the United States. Fintech startup Groww has taken the major step and others may follow soon. It has announced returning to home country. It is a significant move in the Indian startup ecosystem and may more probably would choose […]

India’s fintech landscape seems highly promising with lots of startups emerging with some new ideas. Dexif is one of such well-known names in the segment and it has lately secured $4 million in seed funding led by RTP Global. The fresh investment is set to alleviate the ambitious mission of the company to revolutionize how […]