SME
Finance
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 ......
People
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 ......
TMT
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 ......
TMT
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 ......
TMT
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 ......
Finance
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 ......
People
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......