Tag: Bengaluru

Fintech Startups

Indian Startup News on Instagram: “Between March 23 and March 28, 2026, as many as 25 Indian startups from diverse sectors raised over $331 million in funding from investors. These sectors include EV, Quick Commerce, Wellness, Deeptech, Manufacturing, AI, Insurtech, Lending, Mobility, Edtech, Fintech, and Apparel. Last week, Indian startups raised over $363 million, with Weaver Services raising $136 million alone. #funding #investors #startups #mumbai #chennai #delhi #bengaluru #indianstartupnews”

Between March 23 and March 28, 2026, as many as 25 Indian startups from diverse sectors raised over $331 million…

Fintech Startups

Indian Startup News on Instagram: “Fintech lending startup Niro has officially shut down operations after raising $20 million in funding, disbursing $200 million in loans, and partnering with 30 companies over 4.5 years. Co-founder and CEO Aditya Kumar shared the update on LinkedIn, expressing surprise at the closure. “As a first-mover that saw scale quickly, I did not see this coming. We had done impossible: hired incredible teams, raised high-quality capital, while convincing large consumer internet platforms and industry-leading lenders to work with us to unlock value at scale,” he wrote. Niro reached $100 million in assets under management (AUM) within 24 months of launch and saw over 170 million users flow through its platform at its peak. However, Kumar cited regulatory pushback on personal lending, capital constraints, and challenges in pivoting business models as key reasons for the shutdown. #business #shutdown #entrepreneur #lending #startups #news #bengaluru #indianstartupnews”

Fintech lending startup Niro has officially shut down operations after raising $20 million in funding, disbursing $200 million in loans,…