Nandan Nilekani

Tech veterans Nilekani and Aggarwal’s India venture raises $227 million second fund

Fundamentum Partnership, a venture firm co-founded by Nandan Nilekani and Sanjeev Aggarwal, has raised $227 million for its second fund as the high-profile tech industry veterans double down on backin

India launches Account Aggregator to extend financial services to millions

India’s top banks five years ago built the interoperable UPI rails and enabled over 150 million people in the South Asian market to pay digitally. Scores of firms — including local firms Paytm

India’s logistics SaaS startup FarEye bags $13 million

More than 150 e-commerce and delivery companies globally use an Indian logistics startup’s service to work out the optimum way to ship items to their customers. That startup, Noida-based FarEye, sai

Investors, startup founders in India pool $13M to fund projects that fight coronavirus

More than 150 investors and entrepreneurs in India are funding dozens of projects in a bid to help millions better combat the COVID-19 epidemic and help the nation’s booming startup ecosystem withst

Mobile payments firms in India are now scrambling to make money

Vijay Shekhar Sharma, founder and chief executive of India’s most valuable startup, Paytm, posed an existential question in a recent press conference. “What do you think of the commercial model fo

India’s Spinny raises $43.7M to expand its online platform for selling used cars

Spinny, an online platform for selling used cars, has secured $43.7 million from a cohort of influential investors in a new financing round as it looks to expand to more Indian cities. The Series B fi

TravelTriangle raises $12M to digitize India’s travel bookings

TravelTriangle, a startup that is digitizing travel agencies and travel bookings in India, has raised a $12 million Series C round led by Fundamentum. The startup operates like a travel booking platfo

Tech veterans set up $100M fund to turn India’s top startups into unicorns

Two Indian technology veterans have set up a new fund that they hope will help the county churn out world-class, billion-dollar startups. Nandan Nilekani and Sanjeev Aggarwal have come together to lau

India’s fintech revolution is primed to put banks out of business

While global stock markets reset and U.S. tech unicorns readjust to new expectations and valuations, India’s tech renaissance is just beginning to flourish. Infosys founder Nandan Nilekani calls it