Tag: blume ventures
Amazon backs Indian wealth management service Smallcase in $40 million funding
Amazon has entered the financial services and insurance markets of India in recent years. Now it is paving the way to foray into the wealth management category. The American e-commerce giant has backed Bangalore-based startup Smallcase in a $40 million Series C financing round. The round was led by Faering…
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Slice raises $20 million to go after the credit card industry in India
Slice, an Indian fintech startup that has built a “super card” for millennials in India, said on Monday it has raised $20 million in a new financing round and is adding new features to change how people engage with their credit cards. Existing investors Gunosy, Blume Ventures and others financed…
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Jai Kisan, a fintech startup aimed at rural India, raises $30 million
Jai Kisan, an Indian startup that is attempting to bring financial services to rural India, where commercial banks have a single-digit penetration, said on Monday it has raised $30 million in a new financing round as it looks to scale its business. Hundreds of millions of people in India today…
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Tiger Global leads $30 million investment in Indian Twitter rival Koo
Investors are backing Koo, an Indian alternative to Twitter, with large size checks at a time when tension is brewing between the American social network and New Delhi. The Indian startup said on Wednesday it has raised $30 million in a financing round led by Tiger Global Management. Mirae Asset,…
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Indian beauty e-commerce Purplle raises $45 million
Purplle, an e-commerce platform for beauty products in India, said on Monday it has raised $45 million in a new financing round as it looks to expand its presence in the world’s second largest internet market. The new round, a Series D, was financed by Sequoia Capital India and existing…
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Zolve raises $15 million for its cross-border neobank aimed at global citizens
On Wednesday, he announced Zolve, a neobanking platform for individuals moving from India to the U.S. (or the other way around). The startup works with banks in the U.S. and India to provide consumers access to financial products seamlessly — without paying any premium or coughing up any security deposit. In…
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