Bengaluru-based fintech startup Nivasa Finance has secured a Certificate of Registration (CoR) from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company (NBFC). The approval, granted through its subsidiary Nivasa Capital, marks a significant regulatory milestone as it officially authorises the startup to lend from its own balance sheet and operate within India’s regulated lending ecosystem .

Media-tech startup Mythik, founded by former Housing.com and FreeCharge CEO Jason Kothari, has successfully raised $5 million in an extension round, pushing its valuation past $50 million. The funding comes approximately one year after the company announced a $15 million seed round—the largest in India’s media-tech sector at the time .