Bengaluru-based digital lending startup Capital Float, saw standalone revenues rise to ₹135.10 crore in FY18, from ₹53.84 crore in FY17, according to the company filings. For Capital Float, interest income on loans…
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…
Hyderabad-based peer to peer (P2P) lending startup AnyTimeLoan, has secured Non-Banking Finance Company (NBFC) P2P licence from Reserve Bank of India (RBI). AnyTimeLoan, is now among the select group 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…
Bengaluru-based digital lending startup Qbera has raised around ₹21 crores ($3 million) in an all-equity round led by Mumbai-based E-City Ventures, a subsidiary of Essel Group. This round marks the…
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 microlending startup Upwards Fintech has raised around ₹36 crores ($5 million) in series A round led by Chinese venture capital firm Shunwei Capital. The round also saw participation from existing investors…
Bengaluru-based instant credit providing startup SlicePay has raised an undisclosed amount in its ongoing series A round led by Chinese lending company FinUp Finance Technology Group. Other existing investors that participated…
We have all been in situations when we have run out of cash, but we still have one or more bills waiting to be paid. These situations occur time and…
