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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...
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...
Perfios acquires healthcare information exchange platform IHXFounded in 2020, IHX connects healthcare providers and payors to facilitate real-time, digital-first claims processing across the healthcar...
Lenders turn to AI; Flipkart re-ups war chestHappy Thursday! Lenders are turning to fintech startups for smarter debt collection solutions as unsecured loan stress rises. This and more...
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...
New Rs 10,000-crore fund to boost startup ecosystemThe previous Rs 10,000-crore cohort, announced in 2016, had yielded a 15% gain, bringing the total corpus to Rs 11,000 crore, as per offici...
B2B SaaS company Perfios acquires debt management firm CreditNirvanaPerfios has acquired debt management platform CreditNirvana, its second acquisition in a month. The deal strengthens its end-to-end financi...