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NEOGROWTH FUNDING
Tech-based NBFCs try a balancing act after RBI action on unsecured loansNBFCs like DMI Finance, Vivriti Capital and InCred Capital expanded unsecured retail and small business lending, leveraging strong fintech ...
NeoGrowth evaluates strategic deal as business becomes profitableThe Mumbai-based NBFC has reported a net profit in the last fiscal after two years of losses, now its stakeholders are evaluating if they c...
Fintech startup Neogrowth raises $10 million debt from Microvest CapitalSince its founding in 2003, Microvest has disbursed over $1 billion to over 200 financial institutions in 60 emerging and frontier countrie...
ETtech Deals Digest | Uptick in early-stage investingHere are all the startups that got funded this week.
NeoGrowth raises Rs 300 crore in funding from Dutch lender FMO, existing investorsSmall businesses-focused fintech player NeoGrowth has raised Rs 300 crore from Dutch entrepreneurial development bank FMO along with existi...
NeoGrowth raises $20 million via ECBs from DFCUS International Development Finance Corporation (DFC) is America’s development finance institution. DFC partners with the private sector t...
NeoGrowth set to disburse loans within 24 hours to retailers with instant approvalThe company claims that the loan applications will be approved instantly without the need for any bank statement, any industry-first featur...
NeoGrowth Credit launches Vendor Finance Express for SMEsThe product is document light with no demand for invoices as part of documentation hence, making the application process hassle free for th...
IIFL to support fintech startups amid COVID-19 crisisUnder the initiative, accelerators and incubators across the country are also invited to collaborate for providing assistance to fintech st...
As borrowing habits change, loan startups hit paydayInvestors are writing big cheques for startups that lend as little as Rs 50,000 to small businesses; funding to alternative lending this ye...
Lending is the flavour of the month, but there’s enough space for us all: Piyush KhaitanKhaitan explains why lending becoming the flavour of the year among venture capital funds might be good for merchants.
Quona Capital plans to raise $150-200 million Fund IIIAccion, a global non profit focussed on fintech is one of the anchor investors in the fund and will remain an anchor investor in the Quona’...
NeoGrowth bags Rs 300 croreExisting investors in the company, Aspada Investment Company and Quona Capital, also participated in the fundraising, through Accion Fronti...
NeoGrowth gets Rs 108 crore funding from IIFL Wealth Management’s Seed Venture FundThe development comes as investor interest in non-banking finance companies (NBFCs) has increased, especially those lending to small mercha...
IFMR Investments launches long term multi asset fund of Rs 250 croreIFMR Investments has launched a debt fund of Rs.250 crore dedicated to provide working capital for financial inclusion enterprises in India.
IFMR Capital launches Rs 250 crore debt fundIFMR Investments, a wholly owned subsidiary of IFMR Capital, today announced the launch of a Rs 250 crore fund.
Startup venture fund Quona now readies capital for financial technology companies left out of loopThe former team of Accion’s Frontier Investments Group has come together to launch Quona Capital, a startup venture fund focused on financi...
Neogrowth Credit gets Rs 15 crore in round 3 fundingNeoGrowth Credit, a Mumbai-based financial technology company, has raised RS 15 crore from Frontier Investments Group.
Khosla Impact invests undisclosed amount in NeoGrowth"We entered the online lending space recently. We plan to commit significant investment to building this aspect of our business,"
Risk capital firms now backing small business lenders in hope to recreate successFinance companies that provide loans to small businesses are grabbing the attention of risk capital investors.