Taxonomy

India

[Forbes India] Why ApnaKlub Shruti doesn't mind being an angry young woman

The cofounder and CEO of of the B2B wholesale FMCG platform channelises her anger to defy norms, discard labels and fight gender bias By Rajiv Singh, Forbes India Staff People kept stoking her anger. And it started early in Shruti’s life. “Such a sad thing. The poor guy has three...

[CNA] Mom-and-pop shops in India struggle amid competition from online platforms, retail chains

One store owner is fighting to survive, offering a wide variety of items and embracing technology to retain his customers. MUMBAI: Mom-and-pop shops, known locally as kirana stores, can be found all over India – on busy city streets, the tiniest of lanes in slums, and even hard-to-reach rural areas....

[Forbes India] This is me: Indian women founders are taking up space by being unapologetic

By Rajiv Singh, Forbes India Staff An army of new-age founders is scripting a bold story, moving away from the clichéd gender narrative. What’s helping them is their valuable higher education, a sizeable corporate stint, and the courage to be unapologetic New York, December 2017 “When the sharpest words wanna...

[Bizz Buzz News] ApnaKlub ropes in new investors to increase total Series-A funding to $16 million

ApnaKlub, a B2B wholesale platform for fast-moving consumer goods, has raised an additional funding of $6 million in its Series-A round. It had earlier raised $10 million in the round. The latest round brings the Series-A total to $16 million. ApnaKlub, a B2B wholesale platform for fast-moving consumer goods, has...

[Hindu Businessline] Men in veshti – leaders responsible for M2P Fintech’s rise to fame

How five back-to-back deals put them in the spotlight It was very easy to spot R Madhusudanan, A Muthukumar and R Prabhu, founders of M2P Fintech, in the crowded two-floored Jio World Center, which hosted Global Fintech Fest last year. They were the only veshti-clad men. But it was almost...

[Inc42] Aquaconnect Bags $15 Mn To Streamline Aquaculture Value Chain

Originally posted on Inc42 By Chetan Thathoo The funding round saw participation from Louis Dreyfus Company Ventures, Suneight Investment, Omnivore, AgFunder, Rebright Partners, Flourish Ventures and HATCH The startup will use the funds to expand its service offerings in both the pre-harvest and post-harvest value chain In March, the startup...

[Arab News] Indian fintech M2P bets its money on Saudi Arabia’s economic opportunity

CAIRO: Far from the business frenzy around the FIFA World Cup in neighboring Qatar, Saudi Arabia is laying the ground for a business opportunity that could change the fortune of the Kingdom. In the last few months, its banking sector has invited a slew of financial technology companies that could...

[Finextra] SBM Bank launches Ki Cash digital account

SBM Bank (India) Limited in association with Kaleidofin Private Ltd, a fintech platform (acting as Business Correspondent), announced the launch of ‘ki cash’, a fully digital product that combines low-cost full-service banking with quick disbursal of loans. The savings account will serve to accelerate digital adoption in the informal sector...

[VCCircle] NeoGrowth Raises $20 Mn From DFC Via ECBs

NeoGrowth Credit Pvt. Ltd, a small and medium enterprises-focused fintech lender, has secured $20 million (around Rs 160 crore) from the United States International Development Finance Corporation (DFC) via the external commercial borrowing (ECB) route. The funding commitment is for 5 years with a 2-year moratorium on principal payment and...

[Flourish Conversations] The Corner Shop Isn't Dead: How Fintech and Embedded Finance Are Giving Them Extra Power

New research shows the corner shop is here to stay and poised to go digital. A $900B+ industry worldwide, fintechs are now serving corner shops across the retail value chain, developing low-cost, easy-to-use, online tools for sourcing, logistics, business management, sales, and financial services. Flourish Managing Partner, Arjuna Costa sits...

As Flourish’s leading investor in India, Harsh’s approach to partnering with mission-driven founders is influenced by his belief that financial inclusion enables individuals with diverse backgrounds to be at a level playing field. Harsh actively works with his portfolio companies - including such rising fintechs as ApnaKlub, Aquaconnect, M2P, Mapan,...

Tilman is a co-founder and managing partner of Flourish Ventures, an early-stage global venture capital firm that invests in mission-driven entrepreneurs and industry influencers working towards a fair financial system. He serves on the board of a number of portfolio organizations and as chair of the Advisory Council to the...