Slice, a credit and payment startup mainly catering to young professionals, has raised a cumulative debt of Rs 165 crore from 18 top financial institutions. This includes Northern Arc Capital Limited, Vivriti Capital Private Limited, AU Small Finance Bank, Incred Financial Services Limited, Pace Fincap Private Limited, Western Capital Advisors, and Innoven Capital India. Of this, the company raised Rs 126 crore in just the past five months of FY21. “Last year was volatile, which makes it even more empowering for us to have such strong financial institutions show solidarity with our vision,” said Rajan Bajaj, founder and CEO of Slice. “The number of institutions investing in us has grown significantly in FY21 alone.”
Slice raises ₹165 crore in debt in FY 21
May 24, 2021
The company has processed a transaction volume of over $250 million slice, a new-age credit and payment start-up, has raised a cumulative debt of ₹165 crore in pandemic-struck FY21 from 18 leading financial institutions. This includes Northern Arc Capital Limited, Vivriti Capital Private Limited, AU Small Finance Bank, Incred Financial Services Limited, Pace Fincap Private Limited, Western Capital Advisors Pvt Ltd, and Innoven Capital India Pvt Ltd among others. Out of this, the company raised ₹126 crores in the last five months of FY21.
Catering to India’s youth, slice has over 3,00,000 members and 9,00,000 on waitlist today, 70 per cent of them being young working professionals. The company has processed a transaction volume of over $250 million and plans to achieve a GTV (Gross Transaction Value) run rate of $1 billion FY22. With this, slice also plans to grow its member base by more than 3X to 1 million in 12 mon
Slice and PizzaDAO Celebrate Bitcoin Pizza Day By Giving Away More Than 1BTC Worth of Free Pizza
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NEW YORK, May 19, 2021 /PRNewswire/ Slice, the platform powering the nation s largest network of pizzerias, and PizzaDAO, a community of digital artists creating pizza NFTs, announced today they will give away more than 2,500 free pizzas across all 50 states to celebrate Bitcoin Pizza Day through the Rare Pizzas project NFT project.
Rare Pizzas has raised over $1.25M to date and, like Slice, is on a mission to support local pizzerias.
May 22nd marks the 11-year anniversary of the first Bitcoin transaction, in which Laszlo Hanyecz paid 10,000 bitcoin for two slices of pizza. Today, one Bitcoin is worth nearly $36,000 USD. Just last month, Bitcoin climbed to the highest it s ever been at $63,000. At its peak, Laszlo s two slices of pizza would be valued at $630 million. What Laszlo paid for two slices of pizza, could have bou
Taupō residents share their tips for keeping warm this winter
12 May, 2021 08:20 PM
5 minutes to read
This home in Huka Heights Drive is heated by ducted warm air from a heat pump. Pictured, Sharon, Dennis, and Natasha Proffitt. Photo / Rachel Canning
This home in Huka Heights Drive is heated by ducted warm air from a heat pump. Pictured, Sharon, Dennis, and Natasha Proffitt. Photo / Rachel Canning
Taupō & Tūrangi Weekender
How many ways are there to heat a home is like asking, how long is a piece of string?
The Taupō & Tūrangi Weekender talked to three householders in Taupō town, all with a different approach to staying warm this winter.