Fintech

India added 12 unicorns from January to April. Four of these firms operate in the B2B sector, and more will follow.

Investment apps like Ajaib and Pluang have already collected tens of millions of venture funds this year.

Amartha has served more than 661,000 women micro-entrepreneurs in Indonesia’s rural communities.

GyanDhan has helped disburse INR 800 crore (USD 107 million) to more than 2,800 students seeking loans to study abroad.

The platforms took a wait-and-see attitude, rather than actively addressing their problems.

The acquisition comes after LinkAja raised more than USD 100 million in its Series B funding round.

Partior aims to address the need for efficient digital clearing and settlement solutions across the banking industry.

In July, Hong Kong-based AMTD Digital acquired a controlling stake in Fomo Pay.