VC firm India Quotient returns maiden fund at 5.9x multipleThe rupee-denominated first fund, which began investing in 2013, had a corpus of Rs 32 crore (around $6 million), and has backed 21 startup...
12 Nov, 2022, 08.47 PM IST
Wellness company Vahdam India appoints LendingKart’s Mohit Bajaj as its CFOBajaj comes with almost 20 years of experience in finance strategy and was previously the CFO at fintech firm LendingKart. He specialises i...
01 Feb, 2021, 09.20 AM IST
Fintech lenders find comfort in the steady cash flow of humble corner shopsMost fintech lenders are focusing on servicing existing clients and in the process turning off the funding tap for new borrowers. The only ...
11 Jun, 2020, 08.45 PM IST
Fintech SME lenders hope banks loosen purse strings after new government schemeIn a series of recent measures, the government has tried to solve the liquidity issue facing the banking system and lenders’ reluctance to ...
18 May, 2020, 04.19 PM IST
Soonicorns like Nykaa, UrbanClap, Grofers to the rescue with 2X more jobs next year: HR firm XphenoHR firm Xpheno categorised 79% of tech startups, such as Lending-Kart, Nykaa, Pinelabs, UrbanClap, Practo, Zoomcar, Grofers and ShareChat, ...
23 Dec, 2019, 08.29 AM IST
Ease access to credit history: Fintech firmsDigital Lenders Association of India (DLAI), an industry body of around 50 technology-based NBFCs, submitted a slew of recommendations for ...
09 Sep, 2019, 08.49 AM IST
Flipkart ties up with banks, NBFCs to offer quick loansThe company noted that the sellers most benefited by the programme are small scale and a majority of the loans are used to meet working cap...
20 Jun, 2019, 08.40 PM IST
P2P lending network i-Lend partners with Singapore-based Lenddo for credit scoresi-Lend has partnered with credit risk assessment and verification company Lenddo which uses social and non-traditional data for credit scor...
03 Oct, 2018, 03.37 PM IST
LendingKart gets cash credit facility from SBIThis will be used to expand the startup's reach to 950 locations and offer financing to SMEs.
27 Dec, 2017, 08.54 PM IST
Wydr ties up with lending partners for festive seasonThe partnership is based on retailers access to easy and collateral free working capital loan from the lenders with minimum documentation.
04 Oct, 2016, 05.25 PM IST
Only clean social history can get small companies a loanUntil a few years ago, SMEs seeking a loan had to make multiple trips to banks or other lenders with company and project details, and could...
04 Aug, 2016, 05.49 AM IST
Your business gets CareOnGo via mobile phone applicationThis logistics system is set to eliminate the middle man and help make the delivery within 18 hours.
19 Jul, 2016, 11.26 AM IST
B2B e-commerce market 6 times larger than B2C: SME lendersThe lenders say B2B e-commerce could become their strongest segment by 2017, as they estimate 25-30% of the profit to come from this space.
30 May, 2016, 11.45 AM IST
Saama Capital raises $31 million for third venture capital fundSaama, which has also made several non-tech investments like Chai Point and Raw Pressery, expects to make a final close by third quarter of...
25 May, 2016, 02.52 PM IST
Lendingkart ties up with Paytm for collateral free business loansLendingKart today said it has tied up with Paytm, to offer collateral free loans to SMEs and sellers through the mobile payments wallet.
26 Nov, 2015, 03.23 PM IST
Lendingkart & Lenddo to grow financial inclusion in IndiaAhmedabad-based startup, LendingKart joins hands with Singapore-based startup Lenddo and will use social media to evaluate borrower creditw...
18 Nov, 2015, 02.17 PM IST
Lending to MSMEs makes strong business sense: Raghuram RajanRajan said lending to MSME entrepreneurs particularly in the e-commerce space makes a strong business sense for the banks given the changin...
22 Sep, 2015, 09.32 PM IST