India's FinTech funding records a 68% surge in Q3'CY23: Report

Oct 7, 2023  · While there has been a funding winter in fintechs and tech startups over the past 1-1.5 years, FinTech funding witnessed a 68 per cent surge with a total of USD 436 million …


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India's FinTech Funding Records A 68% Surge In Q3'CY23: Report

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Oct 7, 2023  · While there has been a funding winter in fintechs and tech startups over the past 1-1.5 years, FinTech funding witnessed a 68 per cent surge with a total of USD 436 million …

indiatimes.com

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Fintech Funding Sees 68% Surge In Q3: Tracxn

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Oct 5, 2023  · The fintech sector in India recorded a 68 per cent surge in funding in the July-September (Q3) period of calendar year 2023, compared to the year-ago period, according to …

thehindubusinessline.com

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India's FinTech Q3 2023 Funding Records A 68% Surge From Q2 …

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Total funding received by the FinTech sector increased by 68% in Q3 2023, compared to Q2. India has become the fourth-highest-funded startup ecosystem across the globe. Only one …

tracxn.com

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Funding To Indian Fintechs Up 68% To US$ 436 Million In Q3CY23

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Oct 6, 2023  · Co-Founder at Tracxn, Ms. Neha Singh said, “In a time of global economic uncertainty, India's FinTech sector has demonstrated exceptional resilience and growth. …

ibef.org

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Tracxn- India FinTech Quarterly Funding Report - IT Voice

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Oct 5, 2023  · India's FinTech Q3 2023 funding records a 68% Surge from Q2 2023: Tracxn Geo Quarterly India FinTech Report Highlights: Total funding received by the FinTech sector …

itvoice.in

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Fintech Funding Sees 68% Surge In Q3: Tracxn Report

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The fintech sector in India recorded a 68 per cent surge in funding in the July-September (Q3) period of calendar year 2023, compared to the year-ago period, according to market …

thehindubusinessline.com

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Fintech Sector Funding Surges 68% To $436 Million In Third Qtr Of …

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Oct 6, 2023  · Tracxn report says the growth is majorly due to the increase in funding in late-stage rounds as they saw funding of $326 million, a 141% rise as against $135 million raised in the …

newindianexpress.com

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Fintech Funding Surges 68% In Q3 Of Calendar 2023: Tracxn

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Oct 6, 2023  · The fintech landscape, which witnessed a gradual decline after it experience­d a surge in Q4 CY2021, experience­d an upswing in Q3 2023, noted the report titled ‘Geo …

pressreader.com

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Indian Fintech Sector Received $778 Mln Funding In Q3 CY24, Ranks …

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Oct 15, 2024  · India's FinTech startup ecosystem has demonstrated a notable resurgence in Q3 2024, securing USD 778 million in funding, a significant 66 per cent increase from USD 471 …

indiatimes.com

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Fintech Sector Funding Up 66% To $778 M In Q3 2024: Report

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Oct 15, 2024  · Tracxn's report reveals India's fintech sector's impressive growth, securing $778 million in Q3 2024 with global ranking and key sectors. ... and a 165per cent surge from the …

thehindubusinessline.com

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India's Fintech Sector Attracts US$778 Mn In Funding In Q3 2024

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Oct 17, 2024  · India’s fintech sector witnessed substantial growth in Q3 of 2024, securing US$778 million in funding—a 66 percent increase compared to Q3 2023 (US$471 million) and a 165 …

india-briefing.com

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Funding To Indian Fintech Rises 66%, Number Of Rounds Decline By …

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Oct 15, 2024  · Fintech acquisitions in India declined by 50 per cent, with four acquisitions recorded in Q3CY24 compared to eight in Q3CY23. India’s fintech ecosystem continues to …

business-standard.com

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India's Fintech Funding Surges 66% To $778 Mn In Q3 2024

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Oct 15, 2024  · India's fintech ecosystem is showing signs of revival, with a 66% year-on-year (YoY) growth in funding, reaching $778 million in the third quarter of 2024 (Q3CY24), …

fortuneindia.com

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Indian FinTech Funding Witnessed A Decline Of 63% In 2023: Report

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The FinTech sector received funding of $2bn in 2023, a decline of 63% and 76% compared to previous years - $5.4bn raised in 2022 and $8.4bn in 2021, respectively, the report added.

hindustantimes.com

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Indian Fintech Funding Witnessed A Decline Of 63% In 2023: Report

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Jan 4, 2024  · Funding in the fintech space has been experiencing a downward trend in India as well as on a global scale. The fintech sector received funding of $2 billion in 2023, a decline of …

thehindubusinessline.com

FAQs about India's FinTech funding records a 68% surge in Q3'CY23: Report Coupon?

How did India's FinTech sector perform in Q3?

The fintech sector in India recorded a 68 per cent surge in funding in the July-September (Q3) period of calendar year 2023, compared to the year-ago period, according to the market intelligence platform Tracxn. ...

How did India's FinTech sector perform in cy23?

It further adds that the funding was driven by late stage rounds with an increase of over 140 per cent. India's FinTech sector has recorded a 68 per cent surge in funding in the third quarter of CY23, compared to the second quarter same year. FinTech funding in India had witnessed a gradual decline post the fourth quarter of 2021. ...

How much money did Indian FinTechs raise in q3cy22?

Indian fintechs scooped up $436 million in the third quarter of the calender year, a 68 per cent rise compared to $259 million raised in the previous quarter, according to a report by Tracxn. On a year-on-year (Y-o-Y) basis though, funding has slumped 55 per cent from $967 million raised in Q3CY22. ...

How has Fintech funding changed over the years?

While there has been a funding winter in fintechs and tech startups over the past 1-1.5 years, FinTech funding witnessed a 68 per cent surge with a total of USD 436 million raised in the third quarter of 2023, revealed a recent report by Traxcn. It further adds that the funding was driven by late stage rounds with an increase of over 140 per cent. ...

Is the fintech sector undergoing a downward trend in India?

"Like all other sectors, funding in the FinTech space has also been experiencing a downward trend in India as well as on a global scale. The FinTech sector received funding of $2bn in 2023, a decline of 63% and 76% compared to previous years - $5.4bn raised in 2022 and $8.4bn in 2021, respectively. ...

Which country has the most Fintech funding in 2024?

The recent growth of the fintech sector has placed India second only to the United States in terms of fintech funding for the third quarter of 2024. While Q1 2023 still holds the highest funding record at US$1.16 billion, Q3 2024 followed closely with US$778 million. ...

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