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DMI Group

DMI Finance buys controlling stake in payment firm Appnit

Finance

28 March, 2022

DMI Finance buys controlling stake in payment firm Appnit

New Delhi-based non-bank lender DMI Finance has acquired a controlling stake in payment system operator Appnit Technologies Private Limited (ATPL), ......

Japan's Sumitomo Mitsui Trust Bank, others invest $47 mn in DMI Finance

Finance

11 January, 2022

Japan's Sumitomo Mitsui Trust Bank, others invest $47 mn in DMI Finance

DMI Finance Private Limited has announced the closure of a $47 million (around Rs 347.5 crore) equity investment round from new ......

M2P Fintech raises $35 mn in Series C round led by Tiger Global Management

TMT

12 October, 2021

M2P Fintech raises $35 mn in Series C round led by Tiger Global Management

Chennai-headquartered M2p Solutions, which owns payments infrastructure platform M2P Fintech, has raised $35 million in a Series C round of ......

Flourish, Omidyar co-lead Series B funding in payments infrastructure platform YAP

TMT

16 March, 2021

Flourish, Omidyar co-lead Series B funding in payments infrastructure platform YAP

Chennai headquartered M2p Solutions, which owns payments infrastructure platform YAP, has raised $10 million (about Rs 73.2 crore) in a ......

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PE, M&A deals in financial sector sink but GIC, CPPIB bet more

Finance

21 July, 2020

PE, M&A deals in financial sector sink but GIC, CPPIB bet more

The number of private equity deals, mergers and acquisitions in the financial services sector touched the lowest level in at ......

Korean gaming company presses funding button for Delhi lender DMI

Finance

24 April, 2020

Korean gaming company presses funding button for Delhi lender DMI

Delhi-based DMI Group, which operates in consumer lending and affordable housing segments, has raised $123 million (about Rs 940 crore ......

Payments infrastructure platform YAP collects Series A cheque

TMT

21 April, 2020

Payments infrastructure platform YAP collects Series A cheque

M2P Solutions Pvt. Ltd, which operates payments-focussed application programming interface (API) startup YAP has raised $4.5 million (Rs 34.62 crore ......