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NSRCEL-IIM Bangalore organises first-of-its kind Fintech Festival to celebrate success of incubation program with ICICI Securities


Jul 31, 2021
Last year, ICICI Securities joined hands with NSRCEL, by contributing its CSR funds to support promising startups in the fintech space through a structured program. Over 240 fintechs from all over the country applied for the programme. For a pre-incubation program, 25 firms were shortlisted, of which 10 underwent an intensive nine-month incubation journey. Today’s programme formally concluded the programme.
The success of the programme could be judged from the fact that during the last nine months even as they were undergoing the incubation programme, the 10 select fintech startups have cumulatively raised Rs 25 crore as VC/angel funding.
“These endeavours are crucial at this juncture to leverage benefits from the myriad opportunities available to make Fintech founders future-ready and generate more employment opportunities. By focusing on a particular area with support from highly qualified faculty, talented learners, and industry luminaries, we can c ....

New Delhi , Vijay Chandok , Venkatesh Panchapagesan , Sayali Karanjkar Paysense , Akhil Handa , Varun Mittal Fintech , Fintech Meetup Angel , Ashish Kumar Chauhan , Indian Institute Of Management , Bombay Stock Exchange , Indian Institute , Fintech Festival , Chief Digital Officer , Managing Director , Hero Choudhary , Managing Partner , Shwetank Verma , Abhishant Pant , Founder Fintech Meetup , Angel Investor , Varun Mittal , Fintech Lead , Sayali Karanjkar , Anand Sri Ganesh , Artificial Intelligence , Machine Learning ,

WIMWIsure conducts two lakh passenger, commercial vehicles' inspections remotely in FY21


WIMWIsure conducts two lakh passenger, commercial vehicles inspections remotely in FY21
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Last Updated: Apr 16, 2021, 04:22 PM IST
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The Indian motor insurance marketplace has noted a clear shift towards remote Do-It-Yourself checks and inspection-as-a-service because of COVID-19 which has necessitated moving away from physical vehicle inspections, WIMWIsure said in a release.
Agencies
WIMWIsure, AI-enabled insurance service platform for on-demand inspection of insurable assets, on Friday said the company conducted over 2 lakh virtual inspections of passenger and commercial vehicles in the financial year ended March 2021 and also turned profitable during the year. The Indian motor insurance marketplace has noted a clear shift towards remote Do-It-Yourself checks and inspection-as-a-service because of COVID-19 which has necessitated moving away from physical vehicle inspections, WIMWIsure said in a release. ....

Sayali Karanjkar , Ravinder Kumar , Insurtech Wimwisure , Yatra Angel Network , Alumnus Kumar , Abhishant Pant , Beta Plus , Commercial Vehicles , சாயாளி கரஞ்சுகர் , ரவிந்தேர் குமார் , யாத்திரை தேவதை வலைப்பின்னல் , பீட்டா ப்லஸ் , வணிகரீதியானது வாகனங்கள் ,

Unicorn club Growws


Unicorn club Growws
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Groww, the online investment platform, is the latest Indian startup to hit a $1-billion valuation. That makes it the fourth unicorn this month, and we’re just a week in.
Also in this letter:
Trifecta launches Rs 1,500-crore fund
Apple to enforce new privacy rules for apps
Now, Groww valued at $1 billion
GIF Credit: Tenor
India s startup unicorn club continues to grow, or rather, Groww. While the first three months of 2021 saw four entrants to the coveted club, an identical number of startups have booked the place in just the past week. Online investment platform Groww is the latest member. ....

New Zealand General , New Zealand , Ritesh Agarwal , Shaktikanta Das , York Stock Exchange , Toyo Group , Abhishant Pant Yatra Angel Network , Oyo Hotels , Enterprise Associates , National Company Law Tribunal , New York Stock Exchange , National Electronic Funds Transfer , Tiger Global , Sequoia India , Ribbit Capital , Propel Venture Partners , Infra Market , Five Star Business , Southeast Asia Based Grab , Altimeter Growth , Chiratae Ventures , Pentathlon Ventures , Abhishant Pant , Yatra Angel , Skip Capital , Woodline Partners ,

[Funding alert] Point of sale lending platform ShopSe raises $5.5M from Chiratae Ventures, BEENEXT, others


[Funding alert] Point of sale lending platform ShopSe raises $5.5M from Chiratae Ventures, BEENEXT, others
The investment will enable ShopSe to strengthen the team, expand market reach to serve the growing demand, and accelerate product development.
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Mumbai-based fintech startup
ShopSe, which offers pay later and instant EMI platform, on Wednesday announced that it has raised around
Rs 40 crore ($5.5 million) in a funding round led by
Chiratae Ventures and
Pentathlon Ventures, Opus, and existing angel investor
Abhishant Pant of Yatra Angel Network. 
The amount raised will enable ShopSe to add more talent, expand market reach to serve the growing demand for its platform, and accelerate product development. The team plans to be present at 200,000+ retail points in 12 months. ....

Pallav Jain , Abhishek Nimonkar , Yagnesh Desai , Abhishant Pant Of Yatra Angel Network , Chiratae Ventures , Pentathlon Ventures , Abhishant Pant , Yatra Angel , Shopse Instant , Managing Director , Managing Partner , பல்லவ் ஜெயின் , அபிஷேக் நிமோன்கர் , யாகனேஷ் தேசாய் , பென்டத்லான் முயற்சிகள் , யாத்திரை தேவதை , நிர்வகித்தல் இயக்குனர் , நிர்வகித்தல் கூட்டாளர் ,