India beats China in fintech investments; Blackbuck raises $150M in Series D
1 May 2019 7:00 PM GMT
According to CB Insights, fintech startups in India received VC investments of $286 million for the first quarter of 2019, whereas fintech startups in China received $192.1 million.
- India beats China in fintech investments in Q1 2019India is now the leading fintech startup hub in Asia, attracting a larger volume of investments in the first quarter of 2019.
- BlackBuck raises $150 M in Series DBengaluru-based online marketplace for trucking, BlackBuck has closed a $150 million (Rs 1,050 crore) round of equity funding led by Goldman Sachs Investment Partners and Silicon Valley-based Accel.
- Wellington, Sequoia Capital, B Capital and LightStreet, Sands Capital, and International Finance Corporation also participated in this round.