Gaurav Saboo’s Post

It's great to see #AxisBankStartUpSocial, our New Economy Group’s (NEG) #flagship event, continue to foster #innovation #collaboration by connecting the brightest minds - from budding entrepreneurs to seasoned Unicorn leaders, in the ecosystem. Senior Axis Bank Leaders were present as well - emphasising the importance of the event. Special shout out to Sanjiv Bhatia and Gaurav Saboo for anchoring the event very well. Over the last 2 years, this event, held in Bangalore and other locations including Mumbai, has become a signature gathering - all thanks to our clients for joining us and lending us their valued support in empowering India’s startup ecosystem. At #AxisBank, we are committed to powering the growth of #startups. Our New Economy Group serves over 40% of Series A+ startups and c.67% of India's Unicorns- demonstrating our dedication to this segment. Our Transaction Banking digital propositions ~ NEO by Axis Bank - have been key in solving for our NEG clients and in the process, us becoming their operational bank of choice. By integrating our #technology-based Transaction Banking solutions including our industry-leading #API transaction banking suite and Developer Portal, by working in a One-Axis way with our UPI Team and with our Coverage Bankers, we have been able to help our NEG clients scale up. In addition, our #CommercialCard propositions are seeing good traction with start-ups via easy access to working capital, enhanced business and travel benefits, and improved ease of doing #business. Thanks again to all our valued NEG clients for trusting us to be a part of their growth journey. Here is to driving #innovation and cultivating stronger #partnerships. #NEOByAxisBank #TransactionBanking #StartupGrowth

Veefin Group of Companies has raised ₹136 Cr (~$16M) and plans an additional ₹155 Cr (~$18M) fundraise by January 2025 to fuel global expansion, product development, and strategic acquisitions. Led by Gautam Udani and Raja Debnath, Veefin has been on an acquisition spree, including EikIndifi, Regime Tax Solutions, and Nityo Tech, broadening its tech capabilities and global footprint. This Mumbai-based innovator in supply chain finance and digital lending solutions processes $30B in annual disbursements and partners with major banks like IndusInd Bank and Yes Bank, redefining the fintech landscape. Stay ahead in the startup world! 🌟 Get a weekly digest of key happenings and insights delivered to your inbox every Monday morning. Don't miss out—subscribe now: https://lnkd.in/e4233YGN 🚀 Source: YourStory #Fintech #Funding #SupplyChainFinance #DigitalLending

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with HDFC Bank, India’s largest private sector bank by assets, to bolster the country’s startup ecosystem. Read more: https://lnkd.in/gS4UpiF5 #StartupIndia #InnovationEcosystem #HDFCBankPartnership #EntrepreneurshipGrowth Sanjiv Singh | Sunali Rohra 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐔𝐩𝐜𝐨𝐦𝐢𝐧𝐠 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞𝐬: https://bit.ly/3R9MbPM DM for queries at bfsi@elets.co.in

Upholding Middle-Class Values, Uday Kotak Highlights Role in Kotak Mahindra Bank's Journey Read more on the link below 👇 Follow Xartup for daily startup news #startup #business #startupindia #founder #entrepreneur #bank #kotakmahindrabank #news #success

Power, prestige, and a storm of allegations - this is the story of #BharatPe vs #AshneerGrover, a corporate showdown that rocked India's startup world. What began as a thriving fintech venture turned into a high-stakes legal war, with accusations of financial misfeasance, fraud, and a fierce boardroom power struggle. As embezzlement claims and share disputes escalated, the battle finally culminated in a surprise settlement that left the industry reeling. This is the gripping tale of how power, pride and a fight for control shook one of India's most promising unicorns to the core. Blog Link: https://lnkd.in/gfmvwMJ9 #BharatPe #AshneerGrover #BharatPeSaga #Settlement #CorporateClash #StartupDrama #BharatPeSettlement #TechLegalBattle

Unlocking the secrets to startup success! #LeaptoUnicorn Season 2 presented by IDFC FIRST Bank, is buzzing with insights from industry mavens. From Amit Shukla's idea validation tips to Amber Krishan's design thinking mastery and Rahul Jain's prototype prowess, our participants are poised to soar to new heights! Join us as we pave the way for the next generation of unicorns! #IDFCFIRSTBank #LeaptoUnicornSeason2

Imagine this - 300% growth in just 1.5 years, a ₹200 crore loan book, and near-zero NPAs—all while rewriting the rules of financial inclusion. Sounds like a dream, right? Well, for Vipin M., it’s just another day redefining what’s possible. As the CSO & Treasury Head of Pinkcity Fincap Pvt Ltd (Paykosh), Vipin is more than a leader—he’s a movement, transforming India’s fintech ecosystem with his innovative touch. From AI-powered platforms to a hyper-local approach, Vipin’s strategies don’t just adapt to change—they create it. Today, we celebrate his incredible journey as he’s crowned one of the Fintech Leaders in India 2024! Let’s celebrate the disruptor, the visionary, and the architect of trust-driven innovation. Drop a 👏 or a comment below to congratulate the man who’s turning financial dreams into reality! Get more insight into Vipin Modi’s professional journey - https://lnkd.in/g8PfA3Rb #TradeFlock #leadership #fintechrevolution #financialinclusion #transformingindia #visionary #success #gamechanger #financesuccess #dreambig #inspiringjourney

India’s startup ecosystem is thriving, particularly in FinTech, thanks to rapid digitalization, support from the Government, and efforts to enhance financial inclusion. However, despite this growth, budding founders often face challenges, such as navigating the dynamism in the ecosystem, scaling their businesses, aligning to customer expectations and adhering to compliance requirements. To succeed in this multifaceted environment, entrepreneurs must possess some key skills including adaptability, strong leadership acumen, and a deep understanding of financial management. Achieving leadership status brings recognition and prestige, but it also comes with added pressure to sustain and accelerate growth. For more insights into this evolving landscape, tune in to the latest episode of Manager’s Mantra by Business Standard. In this episode, Rishabh Goel, Co-founder and CEO, Credgenics, shares his inspiring journey from IIT to building a successful FinTech brand, along with the valuable lessons he’s learned along the way. Click on the link below for valuable tips for aspiring entrepreneurs and FinTech enthusiasts. 🎥 Watch the full video: https://lnkd.in/gUckYq3x Anand Agrawal | Mayank Khera | Nitin Garg | Shweta Shukla | Gareema Bangad #digitalloancollections #debtrecovery #loancollections #digitallending #bankingtech #financialservices #fintech #finance #banking #bankingindustry #nbfc #banks #bfsi #digitalbanking #technology #tech #ai #ml #digitaltransformation #analytics #innovation #digital #credgenics

Bharat Pe has reached a settlement with Ashneer Grover, ending his association with the company in all capacities. This decision follows a period of controversy surrounding Grover, who was a key figure in the fintech firm. The settlement aims to provide clarity and stability as Bharat Pe moves forward. #bharatpe #startuplife #startupbusiness #idea_glow_up #Idea_Glow_Up @idea_glow_up

Raised in the United States, Ravi Kumar, the CEO and creator of Upstox, one of India's fastest-growing #investment platforms, developed an early interest in the stock market. CEO of Upstox Ravi Kumar began stock trading at the age of sixteen. After graduating from the University of California-Irvine with a degree in computer science, Ravi Kumar began working at TD Ameritrade's flagship Thinkorswim trading platform. Even though the job was paying well, he made the decision to set out on his own. He and his brother Raghu soon established an automated #proprietary trading desk in Chicago. The company prospered, but in 2008 the US entered a recession, and the subsequent market meltdown compelled Ravi Kumar to refocus his efforts in India. Along with Shrini Viswanath and Kavitha Subramanian, Ravi Kumar co-founded Upstox (formerly known as RKSV securities) in 2009. The purpose of Upstox was to give Indian retail traders and #investors access to a platform for investing opportunities. Upstox is India's second-biggest stock brokerage company. The fact that billionaire investor Ratan Tata has invested in #Upstox is a good indicator of the company's success. There is a significant difference between the average Indian client now and previous generations when it comes to trading and investing, convenience of use, and general #financialmanagement. Thus, we see this as a chance to assist individuals in making smarter investments with their capital," Ravi Kumar previously stated in a statement. Upstox has partnered with the 2023 Indian Premier League in an effort to position itself as a #business with a diverse clientele. With a USD 3.4 billion net worth, Upstox is currently more valuable than Groww and Zerodha combined. Indians continue to move up the socioeconomic ladder, thus it's clear that good #money management techniques are becoming commonplace in Indian culture. As a result, it appears that India will lead the fintech revolution and become its center. This would be made possible by an atmosphere that is supportive of investments and #financial education as well as India's aspirational demographics. www.tycoonstory.com #RaviKumar #Upstox #FinancialInnovation #StockMarketIndia #Investing #Finance #Startup #Success #Trading #FinanceLeadership #Indian #Entrepreneurs #Fintech #WealthManagement #Market #InvestmentGoals Upstox Akshay Lotekar Sathvik Pakki Pratha Bhardawaj