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 operating a ......
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 startup incubator, Bharat FinTech ......
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, according to a ......
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 investors ......
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 crore) from ......
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 stellar growth as the startup ......
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) in a round ......
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 for an undisclosed amount. Post-acquisition ......
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, 8 months after ......
