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MobiKwik Receives RBI Approval To Commence NBFC Operations

India, April 27 -- Fintech company MobiKwik has secured a NBFC licence from the Reserve Bank of India (RBI), over one year after incorporating a wholly owned subsidiary, MobiKwik Financial Services Pr... Read More


Ahead Of IPO, Kissht Cofounders Bought Shares Worth Over Rs.400 Cr

India, April 27 -- The cofounders of IPO-bound OnEMI Technology Solutions, the parent of lending tech startup Kissht, acquired shares worth over Rs.400 Cr from existing investors via secondary transac... Read More


Ahead Of IPO, Kissht Cofounders Bought Shares Worth Over Rs.40 Cr

India, April 27 -- The cofounders of IPO-bound OnEMI Technology Solutions, the parent of lending tech startup Kissht, acquired shares worth over Rs.40 Cr from existing investors via secondary transact... Read More


Aye Finance Q4: Profit Zooms Over 2X YoY To Rs.86 Cr

India, April 27 -- MSME-focused lender Aye Finance's net profit surged 111% to Rs.85.9 Cr in Q4 FY26 from Rs.40.7 Cr in the year-ago period. On a sequential basis, profit rose 102% from Rs.42.6 Cr. O... Read More


Acko Ropes In Bankers For IPO, Targets H1 2027 Listing

India, April 27 -- Insurtech unicorn Acko has roped in ICICI Securities, Morgan Stanley, and Kotak Securities as the bankers for its upcoming IPO, sources told Inc42.  The startup is targeting a... Read More


Capital A Marks First Close Of Fund II At Rs.160 Cr

India, April 27 -- VC firm Capital A has marked the first close of its Fund II at Rs.160 Cr (around $16.9 Mn) to back startups operating in the manufacturing, deeptech, climate tech, and fintech secto... Read More


Dhan Bets Beyond Brokerage

India, April 26 -- Having assembled a capital markets stack, spanning APIs, AI-led tools, content, education and algorithmic investing, over the past five years, Raise Financial Services, the parent e... Read More


Karnataka Drafting Responsible AI Framework To Embrace 'I-Governance': Priyank Kharge

India, April 26 -- Artificial Intelligence (AI) has arguably become the most consequential technological advancement of our era, percolating not only into high-level business strategy but reaching dee... Read More


From LightFury Games To STCH - Indian Startups Raised $39 Mn This Week

India, April 25 -- Funding trends continued to remain subdued for the world's third largest startup ecosystem this week. Between April 20 and 24, Indian startups managed to raise $39 Mn across 15 deal... Read More


Groww, BlueStone Surge Amid A Mixed Week For New-Age Tech Stocks

India, April 25 -- New-age tech stocks saw a mixed week amid uneasy ceasefire in West Asia, Q4 earnings season, and continued selling by FIIs. While 22 out of the 56 new-age tech stocks under Inc42's ... Read More