Latest Articles in iifl

IIFL Infuses $2 Mn To Acquire 16% Stake In Samadhan

This is IIFL Fintech Fund’s tenth investment and first in an Insuretech company

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IIFL Finance Partners With Zest Money, To Build $1 B Loan Book

IIFL Finance enters into a partnership with ZestMoney, aiming to build a $1 Bn loan book. IIFL Finance as a dedicated partner will get access to a new customer base on the ZestMoney platform and play a crucial role in driving financial inclusion for a large section of people

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Fintech Firm Open Becomes 100th Unicorn Of India, Raises $ 50 M From IIFL

The funds will also be used to strengthen the leadership team and increase the employee base from 500 to 1000 within the year

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VAHDAM India Raises Rs 174 Cr From IIFL AMC, Others

The series D round of funding also saw participation from existing investors, which include a consortium of Sixth Sense Ventures affiliates, the Mankind Group Family Office, Infosys Founder Kris Gopalkrishnan's Family Office, Urmin Group and White Whale Ventures.

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IIFL Leverages FinBox’s Embedded Finance offerings to digitize credit access of 1000cr to MSMEs

Rajat Deshpande, Co-founder and CEO of FinBox, said “The FinBox Embedded Finance Platform powers credit on multiple B2B E-Commerce and retailer aggregator platforms. Partnering with IIFL provides us the flexibility and agility to launch innovative credit products for merchants at best-in-class rates

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BYJUS Raises $50 Million From IIFL, Maitri Edtech

Presently, Byju's is India's most-valued start-up, inching ahead of Paytm, a homegrown digital payments platform that is valued at $16 Billion

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Debt Capital Platform Northern Arc Capital Raises Rs 910 Cr from IIFL, SCPE and Affirma

Funds will be used to expand existing business lines, grow footprint across emerging sectors, and invest in product development and technology.

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NowFloats Closes $10M Series B Funding from Iron Pillar and IIFL

Will allocate funds towards various aspects of its business – Technology, Distribution & Operations, M&A, etc. To target Tier-1,2 & 3 regions as part of its operation expansion plan

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The Indian precious jewellery market which is currently valued at $60 billion is projected to cross the $1 10 billion mark in the next five years with online contribution estimated to be in the $2 – 3 billion range.

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Deals RoundUp : IIFL, Nandan Nilekani, KKR Realty Unit, Travelyaari, GVFL, Wings Travels, Blume Ventures, WaterBridge Ventures, Adways, Pocket Money and Paytm

Online ticket booking platform Travelyaari which is run by Mantis Technologies Pvt Ltd, has raised $3 million in a bridge round of funding led by existing investor GVFL Ltd.

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