Page 4 - Fintech Startup
Start-ups to get priority sector tag as RBI revises lending norms
It intends to align them with emerging national priorities and bring a sharper focus to inclusive development
 "Start-ups to get priority sector tag as RBI revises lending norms")
Rural Fintech startup Jai Kisan raises Rs 30 cr from NABARD-backed fund
Over the past 6 months, Jai Kisan has disbursed over Rs 50 crore in loans of top tier credit quality to a diverse set of 5,500-plus borrowers from various income groups across 10 states
 "Rural Fintech startup Jai Kisan raises Rs 30 cr from NABARD-backed fund")
Covid-19 impact: Fintech startups smell opportunity, revisit business ideas
From insurance policies to helping essential businesses go online instantly, these start-ups are angling for new offerings
 "Covid-19 impact: Fintech startups smell opportunity, revisit business ideas")
Flipkart digs deep into India's fintech market; clocked 40% growth in 2019
From providing consumer credit, device insurance to seller financing, Flipkart's fintech category grew 40 per cent in 2019.
 "Flipkart digs deep into India's fintech market; clocked 40% growth in 2019")
Bullish on India market, VMware plans to expand cloud software technology
VMware traditionally makes virtualization software, which creates a virtual machine that acts like a real computer. This helps companies cut IT costs by saving on server and storage space
 "Bullish on India market, VMware plans to expand cloud software technology")
Fintech firm Zeta's valuation touches $300 mn in Sodexo-led funding round
It will use the funding to expand its business in the US, UK, Europe and Southeast Asia
 "Fintech firm Zeta's valuation touches $300 mn in Sodexo-led funding round")
Recko raises $1 million seed funding from Prime Venture Partners
The fintech startup provides AI-powered reconciliation for digital transactions; has processed transactions worth $2 billion in the first 12 months since launch
 "Recko raises $1 million seed funding from Prime Venture Partners")
How tech startups are disrupting traditional stock trading with smart apps
Smallcase, Zambala app are empowering retail investors through apps that not only bring down the cost of trading but also protect them from downside risks
 "How tech startups are disrupting traditional stock trading with smart apps")
Fintech insurance start-ups grabbing attention of private equity, VC firms
Fintech start-ups in the insurance space attracted $236.50 million (around Rs 15.5 billion) in investment across six deals so far in 2018
 "Fintech insurance start-ups grabbing attention of private equity, VC firms")
Wealth management start-up Fisdom helps people invest in mutual funds
Fisdom, an app from Bengaluru-based start-up Finwizard Technology, helps people invest in MFs
 "Wealth management start-up Fisdom helps people invest in mutual funds")
