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Consumer-lending fintechs report surging numbers in FY24; slowdown emerging in current fiscalFintech firms in consumer lending such as Navi, Kreditbee, Moneyview, and Fibe reported strong profits and revenue growth in the last finan...- 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 ...
- IPO-bound cos wary after poll results; NBFCs’ balancing actHappy Friday! New-age firms planning to go public are moving cautiously as stock market volatility remains a concern after the 2024 general...
- Lending startup Fibe closes $90 million financing in mix of primary and secondary transactionPune-based consumer lending startup Fibe is raining money at a time when fintech lending startups focusing on unsecured consumer lending ar...
- Longer-term bullish trend continues on capex & cable-related stocks: Sanjiv BhasinSanjiv Bhasin, Director at IIFL Securities, discusses the bullish trend in stocks, particularly in capex and cable-related sectors. He high...
- 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...
- Decoding MobiKwik’s second attempt at public listingThis is the second time One MobiKwik Systems has filed its draft papers. MobiKwik had abandoned its initial listing plans in 2021, citing w...
- MyShubhLife partners with PayWorld to offer credit to retail merchantsMyShubhLife will be tapping PayWorld's retailer base and provide the merchants customised products using data analytics and AI.
- MyShubhLife partners with Spice Money to offer credit to merchants in rural IndiaThe partnership is expected to serve the entire Spice Money network which comprises over 10 lakh merchants.
- EasyPay joins hands with MyShubhLife to offer a line of credit to its customersThrough this collaboration, MyShubhLife will provide formal credit to this large MSME segment.
- MoneyyApp partners with financial service platforms to provide loans to creatorsMyShubhLife is a lending partner to Moneyyapp, and will extend loans totaling $100 million.
- MyShubhLife aims to disburse Rs 550 crore worth of loans by the next financial yearStarting in 2016, MyShubhLife has disbursed loans to a large number of borrowers by focusing on data driven technology and offering customi...
- MyShubhLife inks Series B funding of Rs 100 cr from GojoMyShubhLife will utilize the funds to further expand its footprint with more corporate and large platform partnerships, invest in technolog...
- ETtech Evening Briefing on Feb 22, 2021: Chinese investments return to India, and other top tech newsIndia has started clearing some of the “smaller cases” of Chinese investments into the country. Supreme Court issues notices on Amazon’s pl...
- MyShubhLife gets $4 million from Patamar Capital, existing investorsMyShubhLife's parent Datasigns Technologies has so far raised $4.8 million in series A funding and procured an NBFC licence from RBI in 201...
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