Exclusive: Online lending startup Loan Frame raises $2.25 mn seed investment

Loan FrameGurgaon-based fintech startup Loan Frame Technologies Pte Ltd has raised $2.25 million (Rs 15.3 crore) in seed investment led by Parag Saxena of Vedanta Capital, a top company executive told Techcircle. Other investors who participated in the round include Willian Campbell, former chairman of Chase Card Services, and Toos N Daruvala, co-CEO of MIO Partners, […]

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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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Fintech startup SERV’D gets $100K in investment

ThinkstockPhotos-539373306Fintech startup SERV’D, which provides financial services for the unorganised workforce, has received investment of $100,000 (Rs 67 lakh) from Digital Financial Service Lab (DFS Lab), a fintech incubator fully-backed by the Bill and Melinda Gates Foundation. The company, run by SERV’D Tech Pvt. Ltd, had participated in a bootcamp organised by the DFS Lab, […]

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Exclusive: Data analytics startup Realbox raises funds from Hyderabad Angels

TeamRealbox3Realbox Data Analytics Pvt. Ltd. has raised $300,000 (Rs 2 crore) in its pre-Series A round of investment from Hyderabad Angels. Alok Mittal, ex-MD, Canaan Partners, Dharamveer Singh Chouhan, Zostel CEO, Shubranshu Pani, director at JLL and vCommission also participated in this round, co-founder Saurabh Moody told Techcircle. The new capital will be used for […]

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