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Poonawalla Fincorp enters consumer lending space

Finance

19 April, 2022

Poonawalla Fincorp enters consumer lending space

Poonawalla Fincorp Limited (formerly Magma Fincorp Limited) on Tuesday said it has forayed into the digital consumption loans space through ......

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India SME Investments invests in LokSuvidha Finance

Finance

03 December, 2021

India SME Investments invests in LokSuvidha Finance

Private equity (PE) fund India SME Investments has expanded its financial services bouquet with around $5 million (around Rs 37 ......

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Private equity fund India SME Investments bets on Lightrock-backed microlender

TMT

14 July, 2021

Private equity fund India SME Investments bets on Lightrock-backed microlender

Private equity fund India SME Investments has invested in a microlending startup focused on self-employed workers and small merchants, expanding ......

India SME returns to KreditBee in new round

Finance

03 June, 2021

India SME returns to KreditBee in new round

India SME Investments said it injected Rs 60 crores ($8.2 million) in a mix of debt and equity into the ......

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Virus hits mid-stage funding volumes even as investors boast bigger cheques

Finance

18 May, 2021

Virus hits mid-stage funding volumes even as investors boast bigger cheques

Mid-stage dealmaking volumes fell in virus-hit years even as investors sent out bigger cheques for Series B and C rounds, ......

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PremjiInvest scouts strategic buyers for stake in hair colour maker

Consumer

26 April, 2021

PremjiInvest scouts strategic buyers for stake in hair colour maker

PremjiInvest is eyeing the strategic route to exit a consumer portfolio firm after over five years, multiple sources told VCCircle.  The ......

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Amazon leads funding round for SME finance platform in latest bet

TMT

31 March, 2021

Amazon leads funding round for SME finance platform in latest bet

Online retailer Amazon has led a round in a fintech platform where small businesses can auction their trade receivables to ......

KreditBee parent raises follow-on funding from Motilal Oswal PE, TPG-backed NewQuest

TMT

22 March, 2021

KreditBee parent raises follow-on funding from Motilal Oswal PE, TPG-backed NewQuest

The holding entity of fintech firms KreditBee and Krazybee Services has raised $70 million (around Rs 506.7 crore) in follow-on ......

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Weekly Deal Wrap: Dighi Port and KreditBee soak up money, attention

Finance

20 February, 2021

Weekly Deal Wrap: Dighi Port and KreditBee soak up money, attention

Deal-making in the Indian investment ecosystem during the third week of February was lifted by two big transactions in infrastructure ......

Premji, Mirae, others invest in KreditBee; Xiaomi exits, Shunwei pares stake

TMT

15 February, 2021

Premji, Mirae, others invest in KreditBee; Xiaomi exits, Shunwei pares stake

KreditBee, a fintech company focused on consumer lending, has raised $75 million (about Rs 544 crore) in a Series C ......