NBFC
Finance
KreditVenture eyes branch expansion, sets break-even deadline
Newly launched non-banking financial company (NBFC) KreditVenture is focussing on branch expansion to fuel growth, according to a senior company ......
Finance
Agri-focused Samunnati to look for fresh funds, new investor on captable
Agricultural financier and trade-service provider Samunnati group, which recently raised capital from an affiliate of Elevar Equity, is set to ......
Finance
BII-backed Namdev Finvest set to bag funding from offshore investor
Jaipur-based non-banking financial company Namdev Finvest, which counts British International Investment (BII) among its investors, is set to receive funding ......
Finance
Gold-loan NBFC Indel Money scouts for first external institutional investor
Gold loan-focussed Indel Money is on the lookout to raise equity funding and get an external institutional investor on its ......
Finance
Aavishkaar Group mulls sale of arm amid regulatory setbacks, stalled IPO
Mumbai-based Aavishkaar Group is exploring a strategic sale of its key lending arm, as plans for an initial public offering ......
Finance
Ecofy Finance secures $12.5 mn from offshore investor
Ecofy Finance, a green transition-focused non-banking financial company (NBFC), has secured capital from an offshore investor. Co-founded by financial services veterans ......
Finance
Sector Scan: Fresh slippages add to asset quality woes of MSME-focused NBFCs
Non-bank lenders enjoyed two years of high growth post COVID-19 as a pent-up demand in the economy led to a ......
Finance
Eversource ropes in existing LP for climate-focused NBFC's fundraise
Climate focussed non-banking financial company (NBFC) Ecofy, promoted by climate impact fund Eversource Capital, is set to raise Rs 45 ......
Finance
Impact fund Accion leads funding round in South India-based NBFC
Global impact investor Accion, which backs inclusive fintech startups, microfinance institutions and other financial services providers with equity and quasi-equity ......
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 ......
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