CredRight, a Hyderabad-based NBFC (Non-Banking Financial Company), has just raised $10 million in Series B funding to support India’s smallest business owners — the ones who power local economies but often get overlooked by traditional banks.
This funding round was led by Abler Nordic, a global impact investor making its first move from its new Fund V. Existing backers Michael & Susan Dell…
A Big Boost for Credit Wise Capital
Mumbai-based non-banking financial company (NBFC) Credit Wise Capital (CWC) has just raised Rs 200 crore in a funding round led by Trident Growth Partners (TGP). This marks a major milestone for the fast-growing lender, which has carved out a niche in two-wheeler and micro-loans across India’s underserved markets.
With Rs 120 crore coming from TGP alone, this…
Saswat Finance, a Mumbai-based fintech startup, has raised $2.6 million in a funding round led by Ankur Capital, with participation from existing investor Incubate Fund Asia. The company aims to enhance financial inclusion in rural India by providing accessible and affordable financial services to underserved communities.
Company Overview
Mission and Vision
Founded in 2021 by Arun Tiwari…
In a groundbreaking move for the financial world, Rupeeflo, a fintech startup founded in 2024, has secured $1 million in pre-seed funding to transform the way Non-Resident Indians (NRIs) invest in India. Backed by Piper Serica Angel Fund, this new venture is set to make banking, investing, and financial services in India smoother, quicker, and more accessible for the millions of NRIs across the…
Quicklend Raises Rs 6.75 Crore to Transform Secured Lending in India
In a significant move to reshape the lending landscape in India, fintech startup Quicklend has raised Rs 6.75 crore in a pre-seed funding round. Led by Inuka Capital, Eximius Ventures, Upsparks Capital, GrowX, and a group of strategic angel investors, the startup is on a mission to make secured loans more accessible and seamless.
Small businesses across India have often struggled with access to formal credit, especially in smaller towns and rural areas. But BizLoan, a non-banking financial company (NBFC), is on a mission to change that. The company has successfully raised Rs 35 crore (around $4 million) in a Series A funding round to expand its reach and provide much-needed capital to micro and nano enterprises.
In this…
In a major move for the Indian financial technology sector, cricket legend Sachin Tendulkar has partnered with Kissht, a Mumbai-based digital lending platform. This collaboration sees Tendulkar not only as a strategic investor but also as Kissht’s first-ever brand ambassador. This partnership is set to reshape the way millions of Indians access financial services, with Tendulkar’s iconic…
Fintech Startup’s Successful Series A Funding Round to Fuel Growth
Noida-based The Money Club, a fintech platform designed to offer on-demand liquidity solutions, has successfully raised $2.5 million in its Series A funding round. This new investment, led by Prudent Investment Managers, comes at a crucial time as the startup continues its mission to empower India’s lower middle-class…
In a significant move towards empowering underserved communities in India, Annapurna Finance Private Limited (AFPL), a leading Micro & SME Finance institution, has secured a whopping $109.5 million through a multilateral syndicated social loan. This financing, arranged by Standard Chartered Bank (SCB), will fuel the company’s efforts to expand financial inclusion, particularly for rural women…
In a ground-breaking partnership, Vegapay and Yes Bank are introducing a new way to access credit directly through UPI. This collaboration aims to make credit more accessible to millions of Indians, especially in a country where only a small percentage of the population has access to traditional credit cards.
A Game-Changing Partnership for Financial Inclusion
In a major move to expand credit…
