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Avail Finance

Ola set to shut neobanking platform, integrate ops with Ola Money

Consumer

11 January, 2023

Ola set to shut neobanking platform, integrate ops with Ola Money

Ride-hailing aggregator Ola Cabs, operated by ANI Technologies Pvt Ltd, may shut operations of its neobanking platform Avail Finance and ......

Ola to buy fintech firm Avail Finance to strengthen financial services biz

Finance

25 March, 2022

Ola to buy fintech firm Avail Finance to strengthen financial services biz

SoftBank-backed ANI Technologies Pvt Ltd, which operates cab ride-hailing aggregator platform Ola Cabs, has agreed to buy neobanking platform Avail ......

Avail Finance appoints Alexander John as chief business officer, beefs up top management

Finance

18 November, 2021

Avail Finance appoints Alexander John as chief business officer, beefs up top management

Private equity-backed Avail Finance, which offers loans to blue-collar workers, has announced the appointment of industry veteran Alexander John as ......

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Avail Fin acquires neobank, seeks  approval  to  buy  NBFC

Finance

18 November, 2021

Avail Fin acquires neobank, seeks  approval  to  buy  NBFC

Avail Finance, which offers loans to blue-collar workers, has acquired YeLo, a neobank operating in the same segment, and is ......

Blue-collar-focused Avail Finance raises venture debt from Alteria Capital

TMT

03 May, 2021

Blue-collar-focused Avail Finance raises venture debt from Alteria Capital

Avail Finance, which counts Falcon Edge, Ola and Matrix Partners as its backers, has raised Rs 24 crore ($3.24 million) ......

Chiratae Ventures, Beenext lead funding in digital lender ShopSe

TMT

07 April, 2021

Chiratae Ventures, Beenext lead funding in digital lender ShopSe

ShopSe, which partners lenders and retailers to provide EMI options to customers at the point of purchase, has raised $5.5 ......

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Digital lender Avail Finance's valuation rises three-fold as Falcon Edge joins as investor

TMT

27 August, 2020

Digital lender Avail Finance's valuation rises three-fold as Falcon Edge joins as investor

Avail Finance, a digital lender that seeks to provide instant collateral-free personal loans, has raised its Series B round of ......

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Falcon Edge in talks to invest in another fintech firm

TMT

07 August, 2020

Falcon Edge in talks to invest in another fintech firm

Falcon Edge Capital, a New York-based hedge fund and venture-stage fund that has invested in cab-hailing company Ola and online ......

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Zephyr Peacock places a bet on digital lending segment

TMT

22 November, 2019

Zephyr Peacock places a bet on digital lending segment

Private equity firm Zephyr Peacock India has invested in a digital lending startup, highlighting continued investor interest in the financial ......

Omidyar Network bets on digital lending startup Shubh Loans

TMT

03 October, 2019

Omidyar Network bets on digital lending startup Shubh Loans

Digital lending platform Shubh Loans has raised Rs 34 crore ($4.7 million) in a new round led by Omidyar Network, ......