Listed fintech SaaS player Zaggle is stepping on the gas with a fresh bet on consumer-facing payments and credit. The company has announced that it will invest INR 75 Cr in Bengaluru-based fintech startup Rivpe Technology, which operates under the brand Rio.Money, after acquiring the startup in a cash-and-equity deal.
Hyderabad-based Vaave, a leading alumni networking platform, has secured ₹6.6 crore in funding to accelerate its mission of helping institutions and enterprises tap into the transformative power of their alumni communities. The investment round was led by The Chennai Angels, with participation from HDFC Capital, Vikrant Varshney (SucSEED Indovation), and
In a move that reinforces its position in the B2B fintech space, Hyderabad-based Zaggle has signed a definitive agreement to acquire Dice Enterprise Pvt Ltd, a Mumbai-headquartered spend management startup, for ₹123 crore in an all-cash deal. This strategic acquisition comes as part of Zaggle’s mission to expand and streamline
Software-as-a-service (SaaS) fintech Zaggle Prepaid Ocean Services has raised a total of ₹98 crore ahead of its initial public offer (IPO). The fintech has undertaken a pre-IPO placement of 5,975,609 equity shares for Rs. 164 per equity share (including a share premium of Rs. 163 per equity share) aggregating to
Technological innovations have given the right amount of impetus for the growth of the financial sector in India. The fin-tech platforms through artificial intelligence and machine learning have been making access to finance and processing transactions for end-users easier. With the pandemic bringing a drastic change in the outlook of
Hyderabad in the past few years has played a major role in revolutionizing India”s start-up story by breeding innovative organizations. From starting incubators to launching various startups, Hyderabad has seen it all. It is now the helm of India”s entrepreneurial system. To bring you a view on the hot startups