Debt restructuring platform Freed raises $6.6 million in round led by Aavishkaar CapitalSorin Investments, Piper Serica, and Sattva Ventures also participated in the funding round. The Gurugram-based platform plans to deploy th...
Frex Raises Rs 9.5 crore in pre-seed funding by Zeropearl VC, White Venture Capital and othersFrex, a platform simplifying international money transfers for immigrants, has secured Rs 9.5 crore in pre-seed funding. This capital will ...
Credgenics takes majority stake in debt collection firm ArriseThe deal is a combination of stock and cash, with the majority of the cash component to be used as primary capital by Arisse. For Credgenic...
Digital payment firms face RBI scrutiny; Pine Labs, Meesho eye listingsHappy Thursday! After approving about 54 companies to become payment aggregators, the central bank is tightening its reins in the sector. T...
Debt collection platform Credgenics’ profit triples to Rs 25 crore in FY25; revenue up 40%Credgenics witnessed a significant surge in net profit, reaching Rs 25 crore in FY25, driven by increased demand for efficient debt recover...
Lenders say AI to fintech startups for debt collectionLenders are now turning to AI-led models which can reduce the cost of each collection journey. This is opening a business opportunity for n...
WhatsApp becomes the preferred platform for digital loan recoveryIndustry insiders said that with WhatsApp becoming the popular mode of communication, debt collection startups like Credgenics, Spocto and ...
ET Startup Awards 2024: Nominees for Midas TouchThe award will recognise the most lucrative exit in the year. The decision will be made based on the volume of deals as well as the size of...
Titan Capital closes Rs 200-crore fund to double down on existing portfolio startupsTitan Capital, founded by Kunal Bahl and Rohit Bansal, has raised Rs 200 crore for its new fund. The company aims to focus on its existing ...
From Rs 57 lakh investment to Rs 110 crore exit: Kunal Bahl, Rohit Bansal clock bumper return from Urban CompanyKunal Bahl and Rohit Bansal exited Urban Company with Rs 111 crore from Dharana Capital, after a Rs 57 lakh investment in 2015. Besides the...
CARS24 Financial Services partners with Credgenics to streamline collections processThe company said that the objective behind the move is to "streamline the car ownership experience for customers by introducing innovative ...
Reliance ARC onboards Credgenics' debt recovery tech platformReliance Asset Reconstruction Company has adopted the debt recovery platform developed by Credgenics, which offers ARCs comprehensive digit...
ETtech Deals Digest: Early stage deals only respite in funding starved week for startupsAs many as 10 out of the 12 fundraises in technology startups in the first full week of August were seed-stage deals, with cheque sizes ran...
Debt collections platform Credgenics secures $50 million in funding from Westbridge, Accel, othersThe company plans to use the money to expand operations outside India and go deeper into the BFSI segment in terms of product offerings.
Bank rout: Tech is collecting loans in India as global crisis loomsAll kinds of bank and nonbank lenders are heaping credit on household balance sheets even though the consumer economy is fragile: A tiny mi...
M&M Finance partners with Credgenics for retail loan collectionsFurthermore, Credgenics platform, which provides SaaS (Software As A Service) based collections and debt resolution technology, will help t...
Credgenics raises $25 million funding from Westbridge Capital, othersThe funds will be used to expand into new demographics, strengthen the R&D, scale the core operations across India, improve client services...