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OpenAI CEO Sam Altman sent startup six-figure loan to make payroll after Silicon Valley Bank collapse, report says
Altman is one of several tech executives reportedly giving money to startups to help them weather t…
Aaron McDade
A startup that helps underserved Indians save & invest in gold, stocks bags $19 million
Micro-saving app Siply — which helps underserved users borrow and save money — has raised $19 milli…
Frank, the college loan start-up JPMorgan is suing for fraud, was warned by the FTC for misleading students about Covid relief money
The FTC's warning was at least the second time Frank and founder Charlie Javice were accused of mis…
Katherine Long
Student loan provider Eduvanz raises ₹100 crore from JuvoVentures, Sequoia and others
Education loan provider Eduvanz has raised ₹100 crore to expand its offering and launch new product…
This Motilal Oswal-backed startup is planning to issue a million credit-based cards in the next 150 days relying on the $2 billion worth loans it disbursed
Credit-based payment cards are getting quite an uptick as people’s consumption habits have taken a …
Residential cruise ship startups selling condos at sea for over $100,000 are struggling for the same reason
Companies like Storylines are launching condos-at-sea that will continuously sail around the world.…
Brittany Chang,Kate Taylor
Home buying sentiment to weaken but new supply is kicking in say analysts
In the meanwhile, buoyed by the pandemic-induced demand and falling inventory, real estate d…
Bombay HC frowns at PNB for inaction on diamantaire Nirav Modi's loan frauds
The Bombay High Court has pulled up the Punjab National Bank (PNB) for not taking steps to recover …
Embedded consumer lending platform Niro raises ₹90 crore in Series A funding round
Bangalore-based Niro has completed its Series A funding round, raising $11m to expand its platform,…
Mortgage startup Easy has raised $15 million to provide quick home loans in a matter of days
Mortgage finance startup Easy on Thursday, July 29, announced that it has raised $15 million in a S…
Fintech SaaS startup Cloudbankin secures $400K funding
Cloudbankin, a complete end-to-end digital lending software company headquartered in Chennai, Tamil…
ANI
Credit Fair, which offers loans to Indians without credit score, has raised $15 million in seed
Consumer lending fintech startup Credit Fair raised $15 million as a part of its seed funding round…
REIT-like structures, loans against GST filings can help solve MSME fundraising problems: Assocham
The micro, small and medium enterprises (MSME) sector has played a meaningful role in India’s growt…
Axis Bank to tie up with ITC to offer rural lending products to farmers
The collaboration will help Axis Bank bank to leverage ITCMAARS, an agri-tech application to addres…
Dozens of startups raised hundreds of millions to go public with a SPAC or IPO after taking government loans during the pandemic
SPACs took about 30 startups public after the companies had received government-backed PPP loans, m…
Natasha Dailey
Student loan startup CommonBond is quietly winding down operations after the pandemic's interest and payment pause massively hit its core business
CommonBond, which originated and refinanced student loans, exited that business in June and had piv…
Emilia David
Nykaa will spend its IPO money on setting up retail stores and repaying loans
Fashion and beauty e-commerce platform Nykaa has got the wheels rolling for its IPO, with the filin…
SVB Bank failure serves as a wake-up call for Indian startups
The French say "Plus ça change, plus c'est la même chose" - which means that the more things change…
The Biden administration is giving entrepreneurs a chance at loans up to $5 million to help launch and grow businesses
The Small Business Administration is making it easier for entrepreneurs to get loans to start and g…
Noah Sheidlower
Paytm aims to disburse ₹1000 crore in small loans by March – that's twice as much as last year
Indian digital payments leader Paytm has said that it’s doubling down on its loan disbursement targ…