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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 ...- Ugro Capital raises Rs 1,322 crore, acquires fintech lender MyShubhLife for Rs 45 croreThe deal with MSL enables Ugro Capital to enter the tech-enabled embedded finance market. The non-bank lender will initially pay Rs 28 cror...
- Sanchiconnect to facilitate $50 million funding in Indian deep-tech companiesThe platform has come out of stealth mode in the last week of August and has already confirmed three successful term sheets through the inv...
- Inflection Point Ventures launches $50 million fundThe fund, which is expecting a nod from the regulator, will look to invest in companies across sectors such as consumer tech, edtech, healt...
- eLender InCred acquires fintech platform QberaInCred, which is registered as a non-banking finance company with a licence from the RBI, has a loan-book size of about 2,100 crore.
- How will borrowers' EMIs be reset after RBI decision to link loans to external benchmarks?From October 1, 2019, any loan taken will be linked to any one of the 4 external benchmarks specified by RBI.
- Gupshup launches SME dashboard on WhatsAppSMEs can use the platform for a range of tasks, including creating a simple bot to respond to frequent questions and an auto template manag...
- Easy online loans convince more Indians to go on holiday on creditAccording to the UN World Tourism Organisation, 50 million Indians are estimated to travel abroad in 2019, more than double the number in 2...
- Finance ministry amends PMLA Act to offer clarity on digital KYCPMLA is the means through which lenders, investment platforms and telecom companies are authorised to capture customer details.
- NBFC cash crunch stings fintech firmsCapital Float’s funding talks with PayU got stuck due to doubts about its asset quality.
- Fintech startups at the receiving end of irate loan applicantsCustomers, whose loans have been rejected, take to social media to protest against firms.
- Qbera appoints former Jabong director Goldee Udani as its CTOArmed with the $3 million investment the company has received last year, Qbera intends to spearhead new technology initiatives and drive a ...
- Qbera plans to expand operations to 180 locationsThe firm, which recently raised $3 million from E CityVentures, intends to boost the numbers of loans disbursed by three times through 2019...
- 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
- Qbera partners with Fullerton India to extend loans to underserved segmentsThe Bengaluru based startup said that with the help of Fullerton Qbera can expand its scope of operations pan India and reach out to unders...
- Liquidity crunch puts brakes on digital lending journeyWith investor confidence in the NBFC sector at a low because of the crisis at Infrastructure Leasing & Financial Services (IL&FS), fintech ...
- Qbera mops up Rs 21.5 crore from Essel Group unitAll-equity deal is the firm’s first institutional funding since inception in 2017.
- Qbera disburses Rs 30 crore in loans, aims Rs 200 crore by end of FY 19The company aims to breach the Rs 200-crore mark by the end of the 2018-19 financial year.
- Fintech startup Qbera partners with Droom to enable used car financingFintech lender Qbera and Droom collaborate tol allow consumers to take personal loans of upto Rs 7.5 lakhs approved within 24 hours for pur...
- Two sides of Qbera's Aditya Kumar: Entrepreneur turns musician on weekendsThe former investment banker from London started a rock band called Retrospekt last year.
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