India
This marks FMO’s third investment in UGRO Capital in less than three years.
1
GCash owner Mynt gets Philippine bourse operator's nod for up to $1.47b IPO
2
Ultrajaya plans $821m acquisition of Frisian Flag Indonesia
3
India Digest: MoroMaa, Factrika, Jar raise funding
4
Lendable’s emerging markets fintech credit fund closes at $255m
5
Apple Pay eyes India rollout with Axis Bank credit cards
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Finvolve plans to make around 30-35 investments from the fund.
The National Payments Corp said it would charge a 0.4% merchant fee on transactions above Rs 2,000.
Moneyview has halved its IPO fresh issue to Rs 750 crore from Rs 1,500 crore.
The feature allows users to complete transactions by tapping their smartphone at a PoS.
Piston has raised $15 million in Series A funding led by FPV Ventures.
The fund plans to build and back 8-10 healthcare companies over the next four years.
Greater China
The team aims to deploy a further $50m in proprietary capital by end-2026.
Vietnam
TYM primarily serves rural women micro-entrepreneurs and low-income individuals.
IDFC First Bank was established in 2018 after the merger of IDFC Bank and Capital First.