Salman S.H

India: Wealth management startup Fisdom raises $3.8m led by Quona Capital

With this fresh funding, Fisdom plans to add new financial products to its portfolio.

India: Online lending startups thrive as banks with bad loans become cautious

Slowdown in bank credit, has given a boost to financial technology start-ups.

India: Swiggy partners Indifi Technologies to provide loans to restaurants

Since launching its pilot in mid-September, the programme has received over 200 applications from restaurant partners across eight cities.

India: NBFC Varthana raises $3m for school financing programme

The funding was led by Michael & Susan Dell Foundation to expand its School Transformation Program.

India: GridRaster raises $2m in seed funding from Exfinity, other VCs

The firm provides virtual reality (VR) and augmented reality (AR) experiences on mobile devices.

India: Used furniture startup Gozefo raises $9m from Sequoia, Beenext, others

The company will use the money to widen operations, improve customer care, expand inventory and hire fresh talent.

India: YourStory raises $6m from Kalaari, Qualcomm Ventures, others

The company is targeting revenues of $4 million for FY2017-18.

India: Startups redesigning healthcare, helping bring down costs: Study

Start-ups are using data analytics, wireless interfaces, and cloud-based communication to bring down costs.

India: Lenskart buys minority stake in US start-up Ditto for $1m

Lenskart users will now be able to share images of themselves trying different glasses and frames on social media.

India: Cricketer Chris Gayle buys stake in AR start-up FlippAR

Gayle will join the Bengaluru-based start-up’s board and promote its products as brand ambassador.