Financial Services & Banks
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Opportunity India Desk Jan 30, 2023 - 4 min readSugmya Finance, a non-banking finance company, offers three financial services to help customers grow their ventures. It provides MSME loans, micro loans and consumer durable loans and has empowered more than 60K households through its network presence of 80 branches in 40 districts across nine states. Vikas Singh, Co-Founder and Chief Executive Officer, Sugmya Finance ...
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Opportunity India Desk Oct 06, 2022 - 3 min readIndore-based BimaKavach, a business Insurance tech Start-up, has raised USD 2 MIllion in seed funding led by WaterBridge Ventures, along with Blume Ventures, Arali Ventures and Eximius Ventures. The company said that it will utilise these funds for designing new-age business risk covers, investing in its proprietary risk management technology and scaling business and teams. Tejas ...
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Opportunity India Desk Sep 08, 2022 - 4 min readHey, budding entrepreneur, innovator!! If you are reading this, chances are either you have a brilliant idea waiting to be executed, or you have a running venture aiming to expand it. And as every start-up company knows, I am sure you know that raising proper funding at the right time is crucial. Financial ...
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Opportunity India Desk Aug 26, 2022 - 2 min readPune-based point-of-care and consumer diagnostic testing company, Vidcare Technologies, has raised USD 300K in a pre-seed round led by Social Alpha, with participation from Lavni Ventures and Derbi Foundation. The funds will be used to further product development, clinical testing, real world effectiveness and early commercialisation. Vidcare, the 2019 winner of The India Innovation Growth ...
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Opportunity India Desk Aug 26, 2022 - 3 min readBengaluru based skincare start-up, Deconstruct Skincare, has raised USD two million in funding led by Kalaari Capital’s flagship program, CXXO, and Venture Capitalist firm, Beenext. The company says that the raised amount will be used to increase research and development, hiring and production capacity. Doing this will eventually help the company in achieving its aim to become an INR ...
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Opportunity India Desk Aug 19, 2022 - 2 min readSaving and investment platform, Jar, has announced to raise a funding amount of USD 22.6 Million in series B round. This Series B round was led by, American Investment firm, Tiger Global Management and helped the company to reach valuation of USD 300 million. The application has the access to look at users' transaction history ...
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Opportunity India Desk Aug 12, 2022 - 2 min readFintech Industry in India will reach USD 1 trillion, by 2030, says a report by Venture capitalist firm Chiratae Ventures and consulting firm Ernest and Young. In terms of revenue generation, the industry in terms of Asset under Management and USD 200 billion in terms of revenue, a joint report by The report also said ...
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Opportunity India Desk Jul 27, 2022 - 3 min readThe Reserve Bank of India has allowed the Piramal Enterprises to start non-banking finance company (NBFC) operations. The bank has provided it a licence for initiating an NBFC but not accepting public deposits. “The RBI has granted a certificate of registration to the company to commence the business of non-banking financial institution without accepting ...
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Opportunity India Desk Jul 06, 2022 - 3 min readIndia’s leading payments fintech company slice has appointed Sudeep Behari as its new Business Head. Sudeep has an extensive and diverse experience spanning over 16 years in the credit finance industry and thus his specialisation will help slice to cater to a wider audience. Sudeep’s appointment comes at an opportune time as the company ...
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Opportunity India Desk Jun 21, 2022 - 4 min readYoga is a great tool to control the body and subconscious mind. The etymology of the word “Yoga” says it originated from a Sanskrit root word ‘‘Yuj’’ which means union and the word Yoga means ‘to join’. Hence, the meaning of Yoga is a process of creating a synergy between mind and body to ...