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Shriram Finance looking at rating upgrade post merger

Finance

05 December, 2022

Shriram Finance looking at rating upgrade post merger

Shriram Finance Ltd, the merged non-bank financer of the Shriram group, expects a credit rating upgrade to AAA due to ......

Aye Finance snags Rs 87 cr in debt funding

Finance

16 November, 2022

Aye Finance snags Rs 87 cr in debt funding

Fintech lender Aye Finance on Wednesday raised about Rs 87 crore (about $10.7 million) in debt from Swiss impact investor ......

Light Microfinance raises Series B funding from BII, others

Finance

23 September, 2022

Light Microfinance raises Series B funding from BII, others

Light Microfinance has raised Rs 196 crore ($24.1 million) in a Series B funding round, the company said in a ......

Kedaara Capital-backed Spandana Sphoorty makes peace with founder Padamaja Reddy

Finance

23 June, 2022

Kedaara Capital-backed Spandana Sphoorty makes peace with founder Padamaja Reddy

Spandana Sphoorty has resolved all differences with founder and managing director Padmaja Reddy by an in-principal agreement, 8 months after ......

State Bank of India invests in digital payment firm Cashfree

TMT

07 June, 2021

State Bank of India invests in digital payment firm Cashfree

Financial-technology firm Cashfree, which focusses on online payments by Indian businesses, said State Bank of India (SBI) has invested an ......

SAIF Partners-backed Aye Finance gets debt funding from Swiss firm BlueOrchard

Finance

13 April, 2018

SAIF Partners-backed Aye Finance gets debt funding from Swiss firm BlueOrchard

SAIF Partners-backed Aye Finance Pvt. Ltd has raised Rs 30 crore ($4.6 million) in debt funding from Swiss social impact ......

Regulation is the need of the hour for P2P startups

Others

24 March, 2017

Regulation is the need of the hour for P2P startups

A major issue affecting any nascent industry is regulation. There are pros and cons: Though regulation seems to stifle innovation, ......