Debt

Fintech, EV startups increasingly turning to venture debt in India: Lighthouse Canton report

Fintech, EV startups increasingly turning to venture debt in India: Lighthouse Canton report

14 Nov 2024, 18:10 PM

About 40% of founders prefer venture debt over traditional debt and equity as it is less dilutive, while 30% sees the repayment schedule flexibility as a significant factor.

Yubi (CredAvenue) sees 48% jump in FY24 revenues; loss narrows

Yubi (CredAvenue) sees 48% jump in FY24 revenues; loss narrows

05 Nov 2024, 09:56 AM

The company's losses for the fiscal were Rs 395.8 crore from Rs 509.83 crore in FY23.

Phi Commerce launches debt collection tool for banks and NBFCs

Phi Commerce launches debt collection tool for banks and NBFCs

23 Oct 2024, 14:36 PM

CollectiPhi-360 enables lenders to manage automated, doorstep, offline, partial, and bulk collections.

Navi closes $24.5 million personal loan securitization deal

Navi closes $24.5 million personal loan securitization deal

23 Oct 2024, 14:21 PM

Goldman Sachs is the seventh multinational bank to lend to Navi Finserv.

Fintech Hightlights

  1. Groww’s valuation falls below $2 billion due to domicile shift back to India

  2. SoftBank-funded OfBusiness hires top bankers for IPO in 2025

  3. Innoviti ropes in Nish Kotecha to its advisory board

  4. BusinessNext introduces AI agent platform for BFSI sector

  5. SME-focussed fintech CredFlow raises $3.7 million led by existing investors
  6. Read more highlights...

Editor's Pick

  1. [Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

  2. Inside the BharatPe-Ashneer Grover Settlement: Unveiling the Behind-the-Scenes Drama

  3. Inside Paytm: The power struggle between Vijay Shekhar Sharma and Bhavesh Gupta