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SME-focused digital lender Indifi raises $45 mn in Series D equity and debt funding

Finance

24 November, 2021

SME-focused digital lender Indifi raises $45 mn in Series D equity and debt funding

Small business-focused digital lender Indifi Technologies Pvt Ltd has raised Rs 340 crore (around $45 million) in a mix of ......

9Unicorns-backed Klub appoints former Capgemini exec to head Blaze

People

17 November, 2021

9Unicorns-backed Klub appoints former Capgemini exec to head Blaze

Revenue-based financing platform Klub has appointed Sudharsan Venkatakrishnan as vice president, the company said in a statement.  Venkatakrishnan will be responsible ......

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WestBridge, Nexus-backed Biz2Credit set to raise over $500 mn in pre-IPO round

TMT

12 October, 2021

WestBridge, Nexus-backed Biz2Credit set to raise over $500 mn in pre-IPO round

Small and mid-sized enterprise (SME) fintech lending platform Biz2Credit Inc. is set to raise over $500 million to $1 billion ......

Elevation Capital leads Series A round in SME digitisation startup FloBiz

TMT

23 March, 2021

Elevation Capital leads Series A round in SME digitisation startup FloBiz

FloBiz, which focuses on digitising small and medium enterprises (SMEs), has raised $10 million (around Rs 72.5 crore) in a ......

Venture Catalysts leads pre-Series A round in SME-focused CreditEnable

TMT

19 January, 2021

Venture Catalysts leads pre-Series A round in SME-focused CreditEnable

CreditEnable Ltd, an artificial intelligence-based SME credit marketplace, has raised $2 million (around Rs 14.6 crore) in a pre-Series A ......

ADB places bet on Tata Capital's second private equity fund

Finance

19 January, 2021

ADB places bet on Tata Capital's second private equity fund

The Asian Development Bank (ADB) has made its second Limited Partner (LP) commitment this month with a $10 million (Rs ......

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Ex-Hero MotoCorp finance chief, others invest in supply chain finance platform

People

04 May, 2020

Ex-Hero MotoCorp finance chief, others invest in supply chain finance platform

Sensing a need to help businesses to overcome the cash flow crisis in the pandemic, a supply chain finance startup ......

Swiss impact investor responsAbility bets on non-bank lender Electronica Finance

Finance

17 April, 2019

Swiss impact investor responsAbility bets on non-bank lender Electronica Finance

Swiss asset manager responsAbility Investments AG, via its climate fund, has invested $10 million (Rs 69.5 crore at current exchange ......

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Danish investor buys into Aye Finance as Accion Venture Lab exits

Finance

10 January, 2019

Danish investor buys into Aye Finance as Accion Venture Lab exits

Seed-stage impact investor Accion Venture Lab has exited its four-year-old investment in non-banking financial company (NBFC) Aye Finance by selling ......

RBI to allow banks to restructure some defaulting SME loans

Finance

02 January, 2019

RBI to allow banks to restructure some defaulting SME loans

The Reserve Bank of India (RBI) said it will allow banks to restructure loans to small and medium sized-companies that ......