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RBI's Receives Around 13,000 Complaints Against Banks and NBFCs
With the piling grievances of financial customers, RBI receives complaints under its new scheme
IAN Invests INR 4.5 Crore In Fintech NBFC Indium Finance
The fintech platform plans to utilize the fund for accelerating the acquisition of new customers, building the product platform to provide customized solutions, ad expanding the sales ad technology teams
Finvu AA Raises $2.5 Million Seed Fund
The fund raised will used to expand the team in engineering, business development and enhance its product offerings
Annapurna Finance Raises $15 Million In Series A2 Funding
The funds will be used to grow the loan book, invest in technology, expand geographically and further the vision of enabling financial inclusion at scale
BlackSoil NBFC Raises INR180 Crore
Funds will be utilized to fund mid and growth-stage enterprises in the startup ecosystem and for lending activities across a variety of debt products.
Playing By The Book
Chapman looks at creating strong corporate governance protocolsfor better compliance
MyShubhLife Raises INR100 Crore In Series B Funding Round Led By Gojo & Company
The fresh investment will help MyShubhLife grow its NBFC book and increase disbursements through its co-lending partners
MSME Lender Finova Capital Raises $65 Mn Led By Norwest Venture Partners And Maj Invest
Finova plans to utilise the funds to further grow its loan book, invest in technology, expand geographically and further its vision of enabling financial inclusion at scale
Vivriti Capital Raises $55 Million In Series C Funding Led By Lightrock India And Creation Investments
Funds will be utilized to expand the business as well as technology, for acquisitions, product delivery and portfolio management
Farmer to Financing Czar
Barota finance aspires to be a 360-degree one-stop-shop NBFC in the rural Agri chain, empowering rural India from pre-harvest to post
Debt Recollection Connoisseurs
Credgenics collates borrower responses across all physical and digital communication channels in one place to help create sharp analytics available in user-friendly dashboards.
MSMEs And NBFCs Lending To Them Need Government Boost To Stay On Recovery Path
While the task at hand is a sizeable one, there are some things the government can do to accelerate the process
Agility In Product Delivery And Innovation To Define the Growth Altitude Of Gold Loan NBFCs
As NBFCs and banks have adopted a cautious approach while lending to protect their balance sheets, gold loans have emerged as the saviour for them to restart lives and businesses