LoanTap has officially rolled out the Business Indicator for Credit Ratings in India (BICRI) Report nationwide, aiming to transform the credit landscape for micro-retailers and […]
Category: LendTech
Explore the evolving landscape of lending technology and financial services.
InCred Financial targets Rs 5,000 crore IPO for next year
InCred Financial Services is gearing up for an Initial Public Offering (IPO) by Diwali 2025, aiming to raise Rs 4,000–5,000 crore ($470–590 million). The company […]
UGRO Capital secures patent for its proprietary credit scoring model to drive benefits
UGRO Capital yesterday received a patent from the government’s patent office for its proprietary credit scoring model “GRO Score.” The MSME-lending focussed Non-Banking Finance Company […]
Prodigy Finance secures $310 million boost from US DFC
Prodigy Finance, an education financing company has secured up to $310 million in funding from the US International Development Finance Corporation (DFC). This substantial financial […]
UFSL secures Rs 200 million via NCDs
Usha Financial Services Limited has raised Rs 200 million through Non-Convertible Debentures (NCDs) ahead of its Initial Public Offering (IPO) slated for October, marking another […]
DMI Finance strengthens leadership with key executive appointments
DMI Finance has appointed two senior executives to its leadership team, appointing Niraj Khandelwal as Group Chief Financial Officer (Group CFO) and Rachit Gupta as […]
Usha Financial Services to benefit 3,300 EV owners
Usha Financial Services continues its commitment to sustainability by financing over 3,300 Electric Vehicle (EV) owners through its green financing loans. So far, the Non-Banking […]
UGRO Capital reaches Rs 10,000 Crore AUM milestone
UGRO Capital has crossed Rs 10,000 crore in Assets Under Management (AUM), to empower the Ministry of Small, Micro and Medium Enterprises (MSMEs) across India. […]
Veefin group acquires 26 per cent stake in EpikIndifi, expands digital lending portfolio
Veefin Group has secured a 26 per cent stake in software solutions provider EpikIndifi through a cash-and-share swap deal, valuing the company at Rs 125 […]
FlexiLoans secures Rs 290 crore in Series C funding to empower MSMEs in India
FlexiLoan has raised Rs 290 crore in its Series C funding round. The round attracted prominent global and domestic investors such as Accion, Nuveen, Fundamentum […]