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More Posts on Lending
We are in the midst of a humanitarian crisis, and the states need to provide for their citizens. The issue lies with how this borrowing gets used
By bringing startups within the ambit of banking finance, the central bank has helped several fledgeling startups in the country gain access to institutional credit and created an enabling environment for the raising of easy working capital
As the expiry of this moratorium comes closer, banks and NBFCs have a new challenge, i.e., the biggest loan recollection exercise in their history, in a time of economic slowdown
The fintech digital lending startups are doing what no other traditional financer does-bring credit facilities right to where the user is
The series B+ round was led by Vertex Growth Fund and Kuok Group's Orion Fund managed by K3 Venture Partners.
The traditional analytical techniques of assessing borrowers' profiles have become obsolete owing to increased complexities involved while dealing with tonnes of data.
It's a gold mine that's changing the rules of finance and opening up new opportunities.
This round comes not long after it raised a separate $30 million round in August last year from Bertelsmann India Investments, Accel Partners and Sequoia India.
Lending platform SuperMoney raised $1 million from Unitus Ventures in a pre-series A funding round.
Bengaluru-based Avail Finance, which is backed by the likes of Bhavish Aggarwal and Binny Bansal, partners with non-banking financial companies to help disburse easy loans ranging upto INR 50,000.