New Delhi-based peer to peer (P2P) lending startup Lendbox has raised ₹6 crore in a pre-series A round led by IvyCap Ventures, as reported by Economic Times. The funds raised will…
Mumbai-based digital lending startup InCred has raised over ₹300 crore in a funding round from its founder Bhupinder Singh, and some private equity investors including Paragon Partners, as reported by…
Ahmedabad-based digital lending startup Lendingkart posted operating revenue of ₹86.53 crore in FY18, nearly trebling from ₹30.36 crore in FY17, according to documents filed with the Registrar of Companies (RoC). The major…
Bengaluru-based consumer financing startup NIRA has raised around ₹7.3 crore ($1 million) in seed funding from angel investors in UK and India. The funds raised will be used to accelerate the strengthening of…
Germany-based digital lending company Kreditech has been granted a first-of-a-kind license by the Reserve Bank of India (RBI) to operate as Non-Banking Financial Company (NBFC) in India. Ashish Kohli MD…
Gurugram-based digital financial services startup MobiKwik is offering instant loan approval and disbursal to its users through a new product called “Boost”. Users can avail loans ranging from ₹5,000 to ₹60,000 approved and disbursed…
With festive season sales merely a few weeks away, Flipkart has introduced “Cashless Credit”, to offer instant credit line up to ₹60,000 to its customers. This new initiative is expected to…
Pune-based digital payments solution provider Phi Commerce is planning to venture into the credit segment in the coming six months, according to Jose Thattil, CEO of Phi Commerce. The startup…
PayU India to open its consumer credit arm PayU Credit, after receiving NBFC license from the Reserve Bank of India. The recent development is set to boost the company’s efforts…
Mumbai-based digital lending startup Kissht has raised ₹216 crores in series C round led by Vertex Ventures Southeast Asia & India and Sistema Asia Fund. Other existing investors that participated…
