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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
With funding fizzling out, dim IPO prospects and ever-growing regulatory scrutiny, startup founders seeking an exit are increasingly going down the acquisitions road.
Editor's note: It looks like Indian fintech firms are on an acquisition spree. Even though venture capitalists across the globe are sitting on $300 billion in capital, investors are less willing to take a “punt on riskier opportunities”, The Economist noted recently. Last year, fintech startups in India raised $5.65 billion, a drop of 47% from the previous year, largely driven by a decline in late-stage funding, according to data analytics firm Tracxn. Even as seed, early- and growth-stage firms face tough funding conditions, late-stage companies could see their valuations drop. Moreover, it seems no Indian fintech firm will list on the stock exchanges this year. After years of ever-increasing valuations and outsized funding rounds, several investors and founders are now left with no choice but to find an exit through acquisitions. This strategy seems well under way. From a mere nine deals in 2020, fintech acquisitions rose to 38 in 2022. Since the start of this year alone, there have been several acquisitions. In early January, financial services firm InCred Capital acquired Orowealth, a retail-focused platform offering investments in bonds, real …
With funding fizzling out, dim IPO prospects and ever-growing regulatory scrutiny, startup founders seeking an exit are increasingly going down the acquisitions road.
Editor's note: It looks like Indian fintech firms are on an acquisition spree. Even though venture capitalists across the globe are sitting on $300 billion in capital, investors are less willing to take a “punt on riskier opportunities”, The Economist noted recently. Last year, fintech startups in India raised $5.65 billion, a drop of 47% from the previous year, largely driven by a decline in late-stage funding, according to data analytics firm Tracxn. Even as seed, early- and growth-stage firms face tough funding conditions, late-stage companies could see their valuations drop. Moreover, it seems no Indian fintech firm will list on the stock exchanges this year. After years of ever-increasing valuations and outsized funding rounds, several investors and founders are now left with no choice but to find an exit through acquisitions. This strategy seems well under way. From a mere nine deals in 2020, fintech acquisitions rose to 38 in 2022. Since the start of this year alone, there have been several acquisitions. In early January, financial services firm InCred Capital acquired Orowealth, a retail-focused platform offering investments in bonds, real …
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
The Abu Dhabi investment firm just upped the AI stakes, private debt in the Gulf is having its moment in the sun, and other updates from this week.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
The Abu Dhabi investment firm just upped the AI stakes, private debt in the Gulf is having its moment in the sun, and other updates from this week.
