BUSINESSNEXT has raised USD 40 million in its Series C funding.
Mumbai-based BUSINESSNEXT has raised led by ServiceNow Ventures, valuing the company at USD 700 million.
The new investment will help BUSINESSNEXT expand its AI-powered autonomous banking platform and speed up the adoption of Private AI solutions for banks and financial institutions.
BUSINESSNEXT is an autonomous banking platform powering the next generation of banking operations
Ashneer Grover launched new fintech in lending called “Fund My Staff”
Former BharatPe co-founder Ashneer Grover has launched Fund My Staff, a new lending fintech platform that allows employers to support loan applications made by their employees by acting as guarantors.
Fund My Staff operates as a Lending Service Provider under the RBI’s digital lending guidelines. It has identified Ash Grove Capital Private Limited, an RBI-registered NBFC, as its lending partner.
Carnelian receives SEBI approval to launch mutual fund.
Mumbai-based Carnelian Asset Management & Advisors has received SEBI approval to launch its mutual fund business co-founded by Mr. Vikas Khemani. Currently managing an AUM of over ₹18,300 crores across 8,600 clients and 710+ partners across PMS, AIF and offshore strategies.
