Ranjan Pai-backed lending startup Finnable is set to raise INR 30.5 Cr (about $3.5 Mn) in a Series B funding round ...
Indian startups raised a total of $1.76 billion across 128 deals in January. Growth and late-stage funding accounted for $1.5 ...
Tech giant Amazon has signed an agreement to acquire Indian Buy Now Pay Later (BNPL) startup axio. The financial details were not disclosed. The deal, which is still awaiting regulatory approval, ...
Indian fintech firm Axio announced that it has been acquired by Amazon after a multi-year partnership with the e-commerce giant. “In December, after successful completion of due diligence ...
Impetus Technologies: Raised $350 million in a Series D round led by Kedaara Capital, underscoring the rising demand for data analytics and AI solutions. Aragen: Secured $100 million from Quadria ...
2,200 crores. E-commerce giant Amazon is set to acquire fintech lending startup Axio (formerly Capital Float), further expanding its financial services footprint in India. Axio said in a blog post ...
“axio has filed an application with the regulator (RBI ... Gaurav Hinduja and Sashank Rishyasringa founded the company in 2013. It was previously known as Capital Float.
While financial details of the deal remain undisclosed, Axio—formerly known as Capital Float—has raised $137 million in equity and $671 million in debt and is valued at at approximately $201 ...
Amazon agrees to acquire Bengaluru-based digital lending startup Axio, formerly known as Capital Float, for an estimated enterprise value of $150-160 million. Axio, which provides pay-later and ...
Axio, previously known as Capital Float, confirmed the development. In a statement, the homegrown fintech firm revealed that the acquisition agreement was finalized in December 2024, following ...
Axio, formerly known as Capital Float, has a non-banking financial company (NBFC) license from the RBI and with this acquisition, Amazon will become the first big tech company to get this license.
Formed from a merger of Capital Float, Walnut and Walnut369. axio enables e-commerce storefront to embed credit financing and money management tools at the checkout. The firm has served over 10 ...
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