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Amazon Acquires Axio for $200M to Strengthen Fintech Play in India

Amazon has made a bold move in India’s fast-growing fintech sector by acquiring Axio (formerly Capital Float) for $200 million (~₹1,600 crore) in September 2025. This deal gives Amazon a coveted NBFC (Non-Banking Financial Company) license, enabling it to manage the entire lending cycle — from credit approval and disbursal to collections and risk management.

By Super Admin | September 08, 2025

Featured

Bengaluru Startups Gain Strategic Banking Support with ICICI Bank’s New HSR Layout Branch

ICICI Bank has launched a new branch in HSR Layout, Bengaluru, tailored to meet the unique banking requirements of startups. Located on 19th Main Road, Sector 3, the branch combines digital and in-person services to serve as a one-stop financial hub for emerging businesses across various stages of growth.

By Super Admin | September 08, 2025

IndustryX

Clinics on Cloud Is Building the World’s Largest Decentralized Digital Healthcare Network

In a sector often dominated by flashy funding rounds and app-based solutions, Clinics on Cloud is quietly creating what could become the world’s largest decentralized digital healthcare network. By combining affordability, accessibility, and impact, the company is redefining how primary care is delivered across geographies.

By Super Admin | September 08, 2025

Amazon Acquires Axio for $200M to Strengthen Fintech Play in India

Bengaluru Startups Gain Strategic Banking Support with ICICI Bank’s New HSR Layout Branch

Clinics on Cloud Is Building the World’s Largest Decentralized Digital Healthcare Network

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