 "Amidst slowing bank funding, Aye Finance secures million to empower micro-enterprises, bolstering their mission to drive financial inclusion.")
Aye Finance, a non-banking financial company based in Gurugram, has successfully raised $30 million in a Series G funding round led by ABC Impact, which is backed by Temasek. This funding comes just eight months after Aye Finance secured $37 million in its Series F round, bringing its total funding to $164 million since 2014. ...
 "Union Minister Piyush Goyal unveils BHASKAR, a transformative platform to unify India’s startup ecosystem and empower entrepreneurs.")
Union Minister Piyush Goyal recently announced plans to establish a non-profit organization for the Start-Up India program, aiming to unify various initiatives under a single platform. During the launch of the Bharat Startup Knowledge Access Registry (BHASKAR), Goyal highlighted the need for a collaborative space where startups, investors, and government bodies can connect and share ...
 "RBI’s Lending Revolution: Risky Path to Empower India’s Small Borrowers")
India’s Reserve Bank is set to launch a “unified lending interface” aimed at enhancing access to credit for small businesses and farmers. By leveraging extensive digital transaction data from its Unified Payments Interface (UPI), the RBI hopes to encourage financial institutions to lend to those typically underserved due to a lack of documentation and collateral. ...
