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Bottomline: Aye Finance returns to profit in FY23 as revenue, loan book grow

Finance

19 June, 2023

Bottomline: Aye Finance returns to profit in FY23 as revenue, loan book grow

Fintech lending startup Aye Finance made a remarkable turnaround in the financial year that ended March 2023, rebounding from a ......

Sequoia-backed Cuemath fires 100 employees; founder returns as CEO

TMT

08 May, 2023

Sequoia-backed Cuemath fires 100 employees; founder returns as CEO

Online math tutoring platform Cuemath has laid off 100 employees or nearly 12.5% of its 800-strong staff, becoming the latest ......

Aye Finance bags $10 mn from responsAbility

Finance

01 December, 2022

Aye Finance bags $10 mn from responsAbility

Lending startup Aye Finance, on Thursday announced that it has raised $10 million via external commercial borrowings (ECBs) from its ......

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Aye Finance eyes turnaround

Finance

30 November, 2022

Aye Finance eyes turnaround

Lending startup Aye Finance aims to post a net profit this financial year, rebounding from a loss last year, on ......

Aye Finance snags Rs 87 cr in debt funding

Finance

16 November, 2022

Aye Finance snags Rs 87 cr in debt funding

Fintech lender Aye Finance on Wednesday raised about Rs 87 crore (about $10.7 million) in debt from Swiss impact investor ......

Cuemath raises $57 Mn led by Alpha Wave, valuation doubles to $407 mn

TMT

01 June, 2022

Cuemath raises $57 Mn led by Alpha Wave, valuation doubles to $407 mn

Online math tutoring platform Cuemath, on Wednesday, said it has raised $57 million (around Rs 438 crore) in a funding ......

Tiger Global, Sequoia Capital India lead funding in SaaS startup Lummo

TMT

19 January, 2022

Tiger Global, Sequoia Capital India lead funding in SaaS startup Lummo

Indonesia-based startup Lummo, which focuses on digitising micro small and medium enterprise (MSME) operations, on Wednesday said it has raised ......

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Freshworks IPO to give 72% annualised return on total infusion by financial investors

TMT

15 September, 2021

Freshworks IPO to give 72% annualised return on total infusion by financial investors

The initial public offering of Freshworks Inc will hand 72% annualised return on the total investment made by financial investors ......

Sequoia-backed CarDekho closing one-third offline Gaadi stores; company calls it's "realigning"

Consumer

13 September, 2021

Sequoia-backed CarDekho closing one-third offline Gaadi stores; company calls it's "realigning"

Online marketplace for used cars, CarDekho has either shut or in the process of closing down over one-third of its ......

Aye Finance, NextBillion AI lead VC funding this week

TMT

26 June, 2020

Aye Finance, NextBillion AI lead VC funding this week

Aye Finance Pvt. Ltd, a non-banking financial technology company focussed on micro, small and medium enterprises, raised a significant Series ......