MSME
Finance
IIFL Finance, Open Financial JV to launch neobank for MSMEs
Fairfax Financial Holdings Ltd-backed non-bank lender IIFL Finance Ltd and SME-focused neo-banking platform Open Financial Technologies Private Ltd, on Tuesday ......
Finance
Kinara Capital raises Rs 380 cr from two new investors led by Nuveen Impact Fund
Small business lender Kinara Capital has raised Rs 380 crore (around $50 million) from two new global investors led by ......
Finance
Fino Payments Bank to buy minority stake in New Delhi-based fintech Paysprint
Fino Payments Bank Ltd, on Tuesday said it has approved a minority strategic investment in the fintech startup Paysprint Private ......
Finance
Northern Arc, Triple Jump back MSME lender Aye Finance with Rs 75 cr debt
Fintech platform Aye Finance on Thursday said it has raised Rs 75 crore (around $10 million) in debt financing from ......
People
Ex-TATA Capital exec joins Moneyboxx as chief risk officer
Non-banking financial company (NBFC) Moneyboxx Finance Ltd on Tuesday said it has roped in Vikas Bansal as Chief Risk Officer. ......
Finance
MSME-focused U GRO Capital raises $18.5 mn from Swiss impact investor
Fintech platform U GRO Capital Ltd, which is focused on micro, small and medium enterprises (MSMEs), on Monday said it ......
Finance
MSME-focused Arthan Finance nets $2.5mn in Dell Foundation-led round
Micro, small and medium enterprise-focused fintech platform Arthan Finance has secured $2.5 million (around Rs 18 crore) in an equity ......
Finance
Ward Ferry-backed Niyogin to infuse $14 mn for expansion
Niyogin Fintech Ltd, a technology-focused non-bank lender that counts Hong Kong investor Ward Ferry as a key shareholder, will invest ......
Finance
DMI Finance-backed ARC to launch $27 mn maiden distressed asset fund
Non-bank lender DMI Finance-backed Alchemist Asset Reconstruction Company (ARC) Pvt Ltd has planned to launch its maiden alternative investment fund ......
Finance
AION Capital-backed Clix Capital shifts business strategy post pandemic
Private equity (PE) firm AION Capital-backed Clix Capital has changed its business model to work leaner with more granular and ......
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