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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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BancoSol CEO Kurt Koenigsfest on exploring India, learnings from MFI industry

Finance

28 December, 2018

BancoSol CEO Kurt Koenigsfest on exploring India, learnings from MFI industry

Bolivia-based BancoSol started out as a microfinance institution before transitioning into a commercial bank around 20 years ago to keep ......

Impact investor BlueOrchard offers more debt funding to microlender Aye Finance

Finance

20 November, 2018

Impact investor BlueOrchard offers more debt funding to microlender Aye Finance

Non-banking financial company Aye Finance has raised Rs 72 crore ($10 million at current exchange rates) in debt funding from ......

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US-based impact investor to pare stake in Muthoot Microfin via IPO

Finance

30 July, 2018

US-based impact investor to pare stake in Muthoot Microfin via IPO

Muthoot Microfin Ltd, the microlending arm of Kerala-based Muthoot Pappachan Group, has filed draft documents for an initial public offering ......

Mexican investors back microlending startup Vola

TMT

22 May, 2018

Mexican investors back microlending startup Vola

Bengaluru and US-based Vola, which offers an alternative lending platform for students, has raised $500,000 (Rs 3.4 crore) in a ......

Initia Holdings, others back digital lender Cash Suvidha with pre-Series A money

TMT

27 March, 2018

Initia Holdings, others back digital lender Cash Suvidha with pre-Series A money

Online microlending platform Cash Suvidha has raised $1-million (Rs 6.48 crore) in pre-Series A funding from Initia Holdings Ltd. India ......