Fintech

Founded by grant-awarded entrepreneur Daya Juwatkar, the Mumbai-based fintech startup is raising up to ₹1.5 crore to layer AutoPay mandates, micro-debit systems, and legal frameworks over the country's vast digital cash transfers.

Meta has acquired a 20% stake in CRED at a $4.5 billion valuation, securing founder Kunal Shah to lead the world's largest messaging platform while the Indian fintech transitions to an interim CEO.

The social media giant is reportedly exploring a major capital injection into the Kunal Shah-led platform, signalling a potential alignment of premium digital payments and WhatsApp’s massive discovery engine.

The deal brings over Rs 1,000 crore in assets under management to Scripbox while offering a clear succession path for independent financial advisors transitioning into the digital age.

The Bengaluru-based startup is targeting the $1.5 trillion in global employer stock sitting on balance sheets by eliminating exorbitant foreign exchange fees and tax friction for tech professionals.

The ₹665.4 crore equity liquidation by Yashish Dahiya and Alok Bansal comes on the back of strong Q4 FY26 profitability and follows a recent complete exit by early backer Tencent.

By fully capitalizing a newly incorporated entity in one of Europe’s premier financial hubs, the Indian fintech giant is laying the strict regulatory groundwork required for a cross-border expansion.

By aggressively optimizing its merchant acquisition costs and scaling high-margin lending products, the point-of-sale giant has officially proven its ability to generate sustainable cash flow.

The massive block deal, executed at a slight premium to the market close, highlights the natural lifecycle of early-stage venture capital as funds secure liquidity to return cash to their limited partners.

With its valuation doubling past the $500 million mark, the Anil Goteti-led startup is proving that capturing a high-intent demographic requires merging travel discovery directly with core financial infrastructure.