For fintech startups, lending has long been the end game. A notice from India’s central bank this week has thrown a wrench into the ecosystem, scrutinizing just who all can lend.
Temasek in talks to back India’s OneCard at $1.5 billion valuation
FPL Technologies, the Indian startup that operates OneCard, is set to double its valuation to about $1.5 billion in a new financing round, just a month after it disclosed its previous funding, according to three sources familiar with the matter. Singapore’s Temasek, one of the world’s l…
Embracing aluminum containers, Uni wants to completely remove plastic packaging from your home
We’ve been hearing it for 30 years — reduce, re-use, recycle. Most personal care brands barely get caught in the third of those ecological safety nets, but Uni is picking a fight with the industry to change all that. It’s a cursed misfortune that plastic is cheap and abundant &#82…
Indian fintech Uni raises $70 million for its pay-later cards offering
Uni, an Indian startup that offers users pay-later cards, has raised $70 million in a financing round as it looks to broaden its product offerings in the South Asian market. General Catalyst led the one-year-old startup’s Series A funding. Eight Roads Ventures, Elevation Capital, Arbor Ventures as …
Having a great "ask" slide can reassure investors: It shows a founder wants to raise an amount of money that unlocks the next stage of growth and knows what milestones they need to hit to get there.