Online lending segment gains traction as over 25 startups emerge in two years

Startup_Thinkstock2The last two years have seen the emergence of more than 25 startups in the online lending space, and the majority of them also getting funded, according to a TechCircle analysis. In fact, together with payments tech (primarily wallets), which hogged all the limelight recently thanks to the Centre’s demonetisation move, lending startups ensured that […]

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Online investment advisory startup WealthApp gets $440K from angel investors

ThinkstockPhotos-544970538Bengaluru-based online investment advisory startup WealthApp Financial Advisors Pvt Ltd has secured Rs 3 crore ($440,000) in angel funding from investors including NuVentures managing partner Venk Krishnan and Daksh eServices co-founder MJ Aravind. Vikram Kotak, managing partner at Crest Capital and Investment; Jayant Davar, co-chairman and managing director at Sandhar Group; Ramkumar Nishtala, managing director […]

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How a former Flipkart director founded his robo-advisory firm

FinAskUs-co-foundersAmar Choudhary’s decision to establish FinAskUs Technologies Pvt Ltd, an automated investment service focused on mutual funds for B2C mass customers, was based on his prior professional experience. As part of his stint at the Boston Consulting Group between 2005 and 2012, Amar Choudhary worked intensively in the mutual fund sector. The consultant, who later […]

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