Indian fintech startup NiYO Solutions raises $13.2m in Series A round


Investors in the round include Social Capital, JS Capital Llc, Horizon Ventures and Prime Ventures India.

AirAsia’s Tony Fernandes says India unit looking at potential IPO

“Analysts (are) giving zero value to AirAsia India. Not far from 20 planes and a potential IPO,” Fernandes tweeted.

Niten Malhan quits as Warburg Pincus India MD following predecessor’s lead

Malhan is looking to start an investment firm of his own, but his plans are in very early days right now.

India: Paytm launches investment arm, to inject $10m in new entity

Paytm Money is the fourth product from One97’s stable after Paytm Mall, Paytm Payments Bank and Paytm wallet.

India: Muthoot Group plans strategic investments in fintech startups

Muthoot Pappachan recently invested in two start-ups: P2P lender Faircent and money transfer firm RemitGuru.

India: Samunnati raises $24m from responsAbility Investments, others

Existing investors Accel Partners and Elevar Equity also joined the round

India: Lendingkart Finance raises $4.7m from Dutch development bank FMO

Lendingkart Finance claims to have disbursed over 20,000 loans to more than 13,000 SMEs across 23 diverse sectors.

Indian billionaire Uday Kotak to set up family office for global investments

The family office will deploy funds in asset classes except for debt and cryptocurrencies.

India Dealbook: Nazara Tech buys stake in Nextwave Multimedia; Hippo Video, KivaShots raise funds

Mumbai-based Nazara had earlier also invested in Mastermind Sports, Moonglabs, and recently HalaPlay.

India Digest: Radiant Life eyes Max Health stake; Shapoorji set to buy Adani Realty’s Mumbai project

Life Healthcare and Mumbai-listed Max India Ltd. each own 49.7% of Max Healthcare.