Biz2Credit sharply cuts pre-IPO fund raising target owing to market volatility

SME fintech lending platform, Biz2Credit has sharply pared its pre-IPO fund-raising target to $150-200 million (Rs 1,147-1,529 crore) compared to $500 million-$1 billion (Rs 3,828-7,658 crore) it had planned in October.   Biz2Credit has cited prevailing uncertainty in global capital markets and the company's improved financial health for cutting its pre-IPO ......