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MANISH LUNIA
Union Budget 2025: Govt enhances credit guarantee thresholds for small biz, startupsThe government has also proposed to double its credit guarantee for startups to Rs 20 crore, which is being lauded by the industry as a big...- Flexiloans secures Rs 290 crore in funding from Accion, Fundamentum, othersFounded by Indian School of Business alumni Deepak Jain, Ritesh Jain and Manish Lunia in 2016, Flexiloans has till date raised Rs 636 crore...
- Flexiloans to raise $35 million in a fresh equityUS-based nonprofit Accion and Infosys cofounder Nandan Nilekani’s Fundamentum could participate in this round, sources told us. Mumbai-base...
- Budget 2024: Fintech sector wants government to improve KYC and anti-fraud systemsFintech sector expects the interim budget to help boost the lending space and introduce initiatives that can help support further innovatio...
- How digital lenders are making loan application process easy for MSMEsMSMEs generally face problems in accessing business loans. New-age digital lenders are reshaping business models to help small companies ge...
- Rs 90,000 crore demand in online sales, 15% more jobs expected in upcoming festive season: ReportThe report expects 40-50% rise in loan applications, implying over 10 lakh loans applications during the festive season.
- Digital lending platform FlexiLoans raises $90 millionAsialink Advisors, founded by former CIMB India Investment Banking head Anjani Kumar and Axis Capital were advisors to the transaction.
- FlexiLoans raises Rs 150 crore in debt and equity financingThe latest round follows a capital infusion of Rs 500 crore, which the Mumbai-based fintech company had raised in 2016, a mix of debt and e...
- ETRise Top MSMEs Ranking: This company wants to solve finance issues for MSMEs with loans at a clickFlexiLoans offers SMEs a lending solution which focuses on the three key aspects of technology, products and partnerships.
- 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 ...
- 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 ...
- Govt has stepped up, it’s the turn of banks now, say fintech startupsThe government has extended an emergency credit line to micro, small and medium enterprises, provided credit guarantee, and capped interest...
- War on bad loans begins to pay for fintech lendersThe tough financial conditions have meant that startups are using technology innovatively to reduce the cost of operations.This year has be...
- E-lending firms recommend direct debit feature on UPI to help startupsRBI had sought the industry’s recommendations on what would help the micro- small and-medium industry come out of challenging times.
- Fintech cos count chickens after a tumultuous 2018 runWhile H1 saw big fund raises, latter half hit by a funding squeeze & SC order on Aadhaar verification
- NBFCs ready fireworks for big bang deals during festive seasonThe festive season accounts for more than half of annual online retail in India, as per industry estimates.
- With government on their side, eLending companies look to bridge credit divideConnecting GST Network with TReDS (Trade Receivables Discounting System) is the first step for digital lending platforms to calculate their...
- Flexiloans raises Rs 45 crore in debt financing from multiple financial institutionsFlexiloans intends to scale up operations to 500 locations across the country from around 175 it is currently active in.
- FlexiLoans acquires CreditPeriod.comFlexiLoans had Rs 100 crore raised from a set of marque investors last year.
- FlexiLoans banks on some heavy hittersSanjay Nayar, Vikram Sud, Anil Jaggia, Narayan Seshadri and others infuse Rs 100 crore in FlexiLoans; investments to be in their personal c...
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