eLender InCred acquires fintech platform Qbera
InCred, which is registered as a non-banking finance company with a licence from the RBI, has a loan-book size of about 2,100 crore.
CredR launches on-demand doorstep bike service in select cities
CredR care allows a user to book a two-wheeler servicing package from the comfort of their homes or offices, as per their bike make model and select from a range of convenient date and time slots to schedule the doorstep servicing.
CRED launches online lending, credit features for its customers
With the option of paying rent on credit, members can free up cash, enjoy the interest-free credit period, and earn reward points on credit card spends.
Startups rope in celebs to bag more users online
Educational technology startup Unacademy has started a new series with MP Shashi Tharoor and former top cop Kiran Bedi.
Jupiter scores $2 million in top-up funding round
Jupiter will provide savings account, investments and lending services to the salaried millennial population with an income demographic of Rs 50,000 and upwards, in partnership with a large private bank, whose name has yet to be disclosed.
Leap Finance raises $5.5 million led by Sequoia India
Leading angels including Bhupinder Singh from InCred and Kunal Shah from Cred among others also participated in the funding round.
Corporate Chatter: Mukesh Ambani's friend in the desert; billionaire stuck overseas; Anshu Jain-backed InCred eyes new deal
A billionaire has been stuck overseas for months now.
Startups ask government to taken steps to flatten the coronavirus curve
Startups like Urban Company, Bounce, Cred, Snapdeal, Unacademy, 1MG have supported the findings of the report.
Fintech firm slice raises Rs 46 crore in funding led by Japan-based Gunosy
The pre-series B round also saw participation from US-based EMVC, Kunal Shah of CRED, Better Capital and existing investor, Das Capital.
Budget 2020: Ease credit access, broaden ESOPs understanding, says CRED’s Kunal Shah
Fintech startups are in the preliminary stages of demonstrating value. Banks and legacy financial institutions have earned consumer and ecosystem trust, which most startups have not yet built.
Startup fraternity lauds ESOP changes & investment clearance cell, some find it lackluster
According to Geetika Dayal, Executive Director, TIE Delhi-NCR, the startup community had been waiting with bated breath to receive some relief from the taxing of employee stock ownership plans (ESOPs).
Meet the new breed of 'super angel' investors
AngelList and ET picked these individuals for the access they enjoy, follow-on rounds they have backed and the overall quality of these startups. ET spoke to these angel investors for providing another filter to the shortlist.
Private Equity funds recorded investments worth $45 billion in 2019: Report
India’s share of the APAC deal market increased to nearly 25 percent in 2019 and investment value was about 70 percent higher than 2018. This year saw investment activity in companies such as Lenskart, Zilingo, Grofers and FirstCry.
Ex Blackstone official Punita Sinha set to join InCred Capital
Punita Sinha, wife of former aviation minister Jayant Sinha, will be the chief investment officer of InCred, which is looking to expand to a full-service financial services company from retail and MSME focused NBFC, multiple sources with knowledge of the matter told ET.
Blackstone’s Punita Sinha to join InCred as CIO
Sinha, wife of former aviation minister Jayant Sinha, will be the chief investment officer of In-Cred, which is looking to expand to a full-service financial services company from retail and MSME focused NBFC, multiple sources with knowledge of the matter told ET.
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