It is estimated that the firm is currently worth $3 billion. Pine Labs, one of Asia’s leading merchant commerce platforms, has closed a $600 million fundraising round, with the entry of new investors Fidelity Management & Research Company, funds managed by BlackRock, Ishana, Tree Line, a fund advised by Neuberger Berman Investment Advisers LLC. IIFL
India is undergoing a fintech revolution. Recent research by the Boston Consulting Group (BCG) and the Federation of Indian Chambers of Commerce & Industry (FICCI) indicates that nearly two-thirds of the 2100+ fintech companies in India were founded in the past five years. Indian fintech is an extremely promising emerging market valued at USD 150-160
One of the fastest-growing economies in the world is India. Furthermore, FinTech has revolutionized the lives of people in this country. Fintech, which stands for Financial Technology, can be defined as any innovation that makes it easier for consumers to manage their finances. Thus, India requires talent with blockchain and cloud computing skills in addition
As a result of a second wave of covid-19 infections, India is recovering from the debilitating effects on its people and economy and is poised to see strong economic growth, Indian foreign minister S Jaishankar said on Tuesday. At the Indo-Pacific Business Summit organized by the Indian foreign ministry and Confederation of Indian Industry
MUMBAI: Fintech provider Drip Capital on Tuesday announced a partnership with SBM Bank India to offer trade financing solutions tailored to small and medium exporters in the country. This partnership will allow micro, small and medium enterprises (MSME) to avail collateral-free working capital at competitive rates, the article said. Through our partnership with SBM Bank
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