Prøve GULL - Gratis
Fintech sector witnesses 33% fall in funding at $1.9 billion in 2024
The New Indian Express Bengaluru
|January 14, 2025
Though the country's fintech ecosystem is considered one of the top three globally funded sectors in 2024, after the US and the UK, it managed to raise only $1.9 billion in 2024, which is a 33% drop compared to $2.8 billion secured in 2023 and a 66% decline from $5.6 billion raised in 2022, according to data shared by market intelligence platform Tracxn.
The funding landscape in 2024 saw a significant shift, with only three $100 million-plus funding rounds recorded, marking a 50% decline from the six such rounds in 2023. Some of the notable deals in 2024 included DMI Finance's $334 million funding led by MUFG, and Credit Saison's, an online marketplace for consumer and business loans, $144 million in a Series D funding round.
Denne historien er fra January 14, 2025-utgaven av The New Indian Express Bengaluru.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The New Indian Express Bengaluru
The New Indian Express Bengaluru
Two youths shot dead in Canada on way to party
TWO Indian-origin youth hailing from Punjab were shot dead in southeast Edmonton, Canada by unidentified persons early on Friday.
1 min
December 15, 2025
The New Indian Express Bengaluru
J'khand's civic polls on paper ballot, as no EVMs come from neighbours
FOR the first time, municipal elections in Jharkhand will be conducted using ballot papers instead of electronic voting machines (EVMs), following a decision by the State Election Commission (SEC).
1 mins
December 15, 2025
The New Indian Express Bengaluru
Paranormal Activity reboot finds its director
REBOOT of the Paranormal Activity franchise is set to be directed by Ian Tuason.
1 min
December 15, 2025
The New Indian Express Bengaluru
DILJIT DOSANJH WRAPS SHOOTING FOR IMTIAZ ALI'S NEXT
AFTER working together on Amar Singh Chamkila, singer-songwriter and actor Diljit Dosanjh, and director Imtiaz Ali are collaborating once again for an untitled film.
1 min
December 15, 2025
The New Indian Express Bengaluru
LaKeith Stanfield to play Dennis Rodman
TWO years ago, actor Jonathan Majors was axed and Lionsgate exited from a film based on basketball player Dennis Rodman, titled 48 Hours in Vegas.
1 min
December 15, 2025
The New Indian Express Bengaluru
Chiranjeevi's next gets a release date
HIRANJEEVI-Anil Ravipudi collaboration, Mana Shankara Vara Prasad Garu, is gearing up for a theatrical release on January 12.
1 min
December 15, 2025
The New Indian Express Bengaluru
'JioHotstar to stream over 100 titles, including T20I World Cup, by March'
JIOHOTSTAR will stream more than 100 titles, including the 'T20I World Cup, by March 2026, according to Sushant Sreeram, Chief Marketing Officer and Head-SVOD at JioStar.
1 min
December 15, 2025
The New Indian Express Bengaluru
Three councils, foreign univ standards in higher edu bill
THE Viksit Bharat Shiksha Adhishthan Bill, 2025, which seeks to replace the UGC, AICTE and NCTE with an apex umbrella body, is expected to be introduced in the ongoing Winter Session of Parliament this week.
2 mins
December 15, 2025
The New Indian Express Bengaluru
WHAT COULD POSSIBLY GO WRONG IN 2026
OUR actions and in-actions shape the prospects for your money.
2 mins
December 15, 2025
The New Indian Express Bengaluru
THE BUZZ AROUND INNOVATION IN MFs
Mutual Fund conference I attended recently provided me with the opportunity to meet up with some old friends from the industry.
2 mins
December 15, 2025
Listen
Translate
Change font size