Sabyasachi Chandra

In this storySafebox Safebox has raised $1.11 million, about ₹10.5 crore, in a seed round led by a family office, with angel investors participating including Sekhar Garisa, managing director at Claypond Capital, investing in a personal capacity. The lead investor has not been named. The company builds what it calls wealth protection: a single record of a family's financial life, so information about what they own does not sit scattered across institutions, files and one person's memory.

In this storybetterhood betterhood has raised ₹11.5 crore in a seed round led by Sauce, with existing investor Kairon Capital participating. The figure is the total for the round rather than new money alone. The Bengaluru company raised ₹5 crore of it in March, in a tranche led by Kairon Capital with participation from Yogesh Kabra, Rishubh Satiya, Rohit Chawla, Sifat Khurana and Shayamal Vallabhjee.

In this storyPayGlocal PayGlocal has received in-principle approval from the International Financial Services Centres Authority to establish a wholly owned subsidiary as a Payment Service Provider in GIFT-IFSC. The approval covers account issuance, including e-money accounts, cross-border money transfers and merchant acquisition. The company said the regulated presence gives it a base from which to build payment capabilities for businesses operating across international markets.