Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Fintech sector witnesses 33% fall in funding at $1.9 billion in 2024
The New Indian Express Vellore
|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.
Dit verhaal komt uit de January 14, 2025-editie van The New Indian Express Vellore.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Vellore
The New Indian Express Vellore
Shah showcases big maritime strength
680 MoUs worth ₹10 lakh crore to be signed
1 mins
October 28, 2025
The New Indian Express Vellore
Market advances on expectation of US-China trade talks, Fed rate cut
DOMESTIC equity benchmarks advanced on Monday with the NSE Nifty 50 index briefly surging past psychologically significant 26,000 threshold and recording a firm finish ahead of the October F&O expiry.
1 mins
October 28, 2025
The New Indian Express Vellore
Posters claim TVK chief ‘forgot’ 2 cadre who died in accident last yr
ON the day Tamilaga Vettri Kazhagam (TVK) leader Vijay met the kin of Karur stampede victims, posters were put up across Tiruchy on Monday accusing him of “forgetting” two loyal party cadre who died last year on the way toa TVK conference.
1 min
October 28, 2025
The New Indian Express Vellore
‘INITIAL LEARNING IN MOTHER TONGUE VERY IMPORTANT’
Proficiency in one language makes picking up another easier, Sanjay Kumar, Secretary, Dept of School Education, tells the 28th edition of Delhi Dialogues
6 mins
October 28, 2025
The New Indian Express Vellore
IOC to comply with US sanction on Russian oil
INDIAN Oil Corporation (IOC), India’s biggest oil company, said on Monday that it will comply with all applicable sanctions regarding purchases from Russia.
1 min
October 28, 2025
The New Indian Express Vellore
Protect forest dwellers from eviction, states told
DAYS after defending the Forest Rights Act (FRA), 2006 in the Supreme Court, the Union government has directed all states and Union territories to ensure that no tribal or forest-dwelling community is forcibly evicted from wildlife sanctuaries or national parks until their rights are fully recognised and settled.
1 mins
October 28, 2025
The New Indian Express Vellore
MP farmer beaten, run over by BJP leader, dies
A 40-year-old farmer was beaten to death by BJP leader Mahendra Nagar and aides in Ganeshpura village of Madhya Pradesh’s Guna district.
1 mins
October 28, 2025
The New Indian Express Vellore
SACRED SPACES & SHATTERED TRUST
REPORTS of sexual harassment by teachers in educational institutions have been steadily rising.
3 mins
October 28, 2025
The New Indian Express Vellore
Students won't tie knots anymore as Raj makes school dress uniform
IN a step toward standardising the education system, the Rajasthan Education Department has introduced a common uniform for students in both government and private schools.
1 mins
October 28, 2025
The New Indian Express Vellore
Don’s daughter takes up battle for RJD
IN therun-up to the Bihar state Assembly elections, a fascinating battle is unfolding in Lalganj, which is distant just 39 kilometres from the state capital of Patna.
1 min
October 28, 2025
Listen
Translate
Change font size