lending
Finance
Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven
Digital lending platform ProgCap, which counts among its backers Sequoia Capital, Tiger Global and Google and has been ......
TMT
LenDenClub to invest in six fintech startups under incubator program
Peer-to-peer (P2P) lending platform, LenDenClub’s corporate venture capital arm has onboarded six fintech firms on its......
Finance
Digital disbursements up 3x in Q2: Report
Disbursements by digital lending platforms more than tripled during Q2FY23 to Rs 14,016 crore, compared to Q2FY22, ......
Finance
Lentra raises $60 million in Series B round
HDFC Bank-backed lending software provider Lentra has raised $60 million in its Series B funding round, led by existing ......
Finance
NeoGrowth raises $20 mn from DFC via ECBs
NeoGrowth Credit Pvt. Ltd, a small and medium enterprises-focused fintech lender, has secured $20 million (around Rs 160......
Finance
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 ......
Finance
Startups pivot towards revenue financing as the winter enters next lap
Revenue-based financing (RBF) platforms, which offer startups upfront capital based on future revenues, are seeing ......
Infrastructure
Shubham Housing Development Finance raises $112 mn from BII, others
Mortgage lender Shubham Housing Development Finance Company, on Wednesday announced raising $112 million (around Rs 863 crore)...
Finance
HDFC Bank-backed Lentra AI to acquire TheDataTeam
Digital lending platform Lentra AI, on Tuesday announced it has acquired artificial intelligence solutions company, TheDataTeam...
Finance
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,...
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