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JPIN Venture Catalysts Ltd (JPIN) invests in The Social Loan Company

Startup investment bank for the emerging markets JPIN Venture Catalysts Ltd (JPIN) has announced a strategic investment in The Social Loan Company (TSLC), a trailblazing AI-driven FinTech, on a mission to empower communities through bespoke financial products and services. ....

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OnMobile leads $13 million funding in Chingari app


Plans to distribute Onmo, its direct-to-customer gaming platform, on Chingari.
01 Apr, 2021 - 12:48 PM IST     |     By indiantelevision.com Team    
MUMBAI: Bengaluru-based OnMobile has led a $13 million (Rs 98.7 crore) funding round in short video platform Chingari. The company believes that this investment will allow Chingari to accelerate its growth from 56 million users to over 100 million users. 
Following this investment, OnMobile will soon integrate and distribute Onmo, the company s direct-to-customer gaming platform on the Chingari app. In a recent statement, the company also revealed its plans to collaborate on other product integrations in the future. 
The Chingari team has built a terrific product with great user retention and growth. Onmo gaming’s short format challenges and Chingari s short-form videos complement each other well, said OnMobile CEO Krish Seshadri.  ....

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EU trade back to normal despite Remainer gloomsters claims – ready for India trade deal


North West Leicestershire MP Andrew Bridgen said: “The Sefcovic letter shows that the EU’s professed concern for Northern Ireland during the negotiations of the future relationship was a complete fraud.”
Meanwhile, writing for the Sunday Express, Ms Truss has said that the India/UK trade deal will build on the £23 billion a year already traded between the two.
She said: “There are few markets around the world that offer greater potential than India. This huge market of 1.4 billion people is already emerging as the world’s fastest-growing major economy and is expected to become the second biggest in the world by 2050, making it a crucial long-term trading partner.” ....

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[Funding alert] Venture Catalyst invests $2M in SME credit marketplace CreditEnable


[Funding alert] Venture Catalyst invests $2M in SME credit marketplace CreditEnable
The funds will be used in expanding the company s user base, and developing its technology platform by the UK-based company.
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Venture Catalysts, invested
The funds will be used in expanding the
company s user base and
developing its technology platform.
Nadia Sood, CEO and Co-founder, and
Varun Sahni, CFO and Co-founder. The company has been operating in India since 2017.
Access to finance is a well-known predicament faced by Indian SMEs. CreditEnable uses technologies like
artificial intelligence and data analytics to procure and process loans for the small and medium enterprises (SMEs). These solutions aim to make access to finance feasible for small and medium business owners. ....

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