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From Scapia To Kiwi — Indian Startups Raised $61 Mn This Week

Within a week of facing a decline in financing activity, the Indian startup ecosystem demonstrated its resiliency once more. According to recent data, there has been a noteworthy 38% increase in volume and value, with entrepreneurs obtaining $61 million in total over ten acquisitions.

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Deals in brief: Lendela, Climate Alpha, and Defog secure funding, Terratai announces new partnership, multiple China and India deals, and more

Deals in brief: Lendela, Climate Alpha, and Defog secure funding, Terratai announces new partnership, multiple China and India deals, and more
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wint wealth: Wint Wealth bags NBFC licence after RBI clears Ambium acquisition

The NBFC has already started wholesale lending operations under the brand name Wint Capital. The primary focus of Wint Capital will be lending to growth-stage NBFCs for onward lending in their business lines.

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RBI approves Wint Wealth s acquisition of majority stake in Ambium Finserve

Wint Capital’s current loan book is close to Rs 50 crore and is expected to grow to Rs 500 crore by the end of 2024, release added

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