10 Apr 2025, 01:36 AM
Launched three months ago, NSCOF-II -- a SEBI-registered Category II Alternative Investment Fund (AIF) -- is targeting a total corpus of Rs 5,000 crore.
10 Apr 2025, 01:12 AM
The IGPF-I Fund has secured capital commitments in excess of Rs 575 crore, which is above its target size of Rs 500 crore, the company said.
04 Apr 2025, 01:39 AM
Existing investors Elevation Capital, Z47, and 3STATE Capital also participated in the round.
19 Mar 2025, 07:09 AM
To capture the credit card market share, the UPI developer is mimicking its debit card strategy—with a slight twist.
12 Mar 2025, 18:46 PM
The platform claims that it manages a collection portfolio exceeding $9 billion, handles over 42 million loan accounts, and supports nine types of loan portfolios.
04 Mar 2025, 16:39 PM
The proceeds will be used to expand its partnerships to over 25 financial institutions, enhance its AI-driven technology stack, and strengthen its presence.
27 Feb 2025, 00:52 AM
This acquisition will provide InCred Finance with a head-start in the gold loans business, accelerating its go-to-market timeline by 24-36 months.
20 Feb 2025, 23:11 PM
Post acquisition, InCred Global Wealth will manage assets exceeding $2 billion across Dubai, Singapore, and London.
13 Feb 2025, 23:46 PM
In April last year, the RBI restricted Kotak Mahindra Bank from onboarding new customers through online channels and issuing new credit cards.
22 Jan 2025, 18:52 PM
X10, according to the RBI, violated guidelines on the code of conduct in outsourcing of financial services in its digital lending operations.
10 Jan 2025, 00:18 AM
The market share of the Vijay Shekhar Sharma-led fintech further plummeted to 6.87% in the month of December.
24 Dec 2024, 22:48 PM
Last week, InCred Finance, the consumer and MSME lending arm of the InCred Group, appointed Gaurav Maheshwari as its chief financial officer.
07 Dec 2024, 02:52 AM
The company posted a net loss of Rs 401.15 crore in FY24, compared to Rs 405.66 crore in the previous fiscal year
07 Dec 2024, 02:36 AM
RBI Governor Shaktikanta Das announced that small finance banks will now be permitted to provide pre-sanctioned credit lines through UPI.
21 Nov 2024, 17:08 PM
The startup plans to utilize the fresh capital for growing its lending business vertical, developing multiple new products and hiring.