Exclusive: Credit Saison shuts down fintech lending infra unit Aumnee
The Japanese financial services group took the decision to wound down its lending-infrastructure business in December.
Explore the latest news, in-depth reports, and executive analysis tagged with #Digital Lending.
The Japanese financial services group took the decision to wound down its lending-infrastructure business in December.
The investment comes as the Sachin Bansal-led fintech firm prepares to file documents for initial public offering.
The company has appointed former Bajaj Markets executive Manish Pathania to lead the digital lending business.
The acquisition is expected to bolster DSP Finance’s offerings in loans backed by financial assets, particularly mutual funds.
The round also saw participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.
BofA and Jio Financial Services have entered into a JV deal under which the US banking major will pick up shares through a preferential issue and warrants.
The NBFC arm, Dhanrise Finance, is scheduled to commence lending operations in October 2026.
The fintech company posted a net profit of Rs 7.6 crore in Q1 FY27, compared to a net loss of Rs 41.9 crore in the corresponding quarter last year.
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The funding round also saw participation from existing investor Negen Capital.
The registration is valid from July 13, 2026, to July 12, 2029, allowing the company to distribute mutual fund products.
Total expenses surged 36% to nearly Rs 700 crore during FY26 as compared to Rs 513.8 crore in FY25.
British International Investment (BII), Accel India, and Parul Alok Mittal are also participating in the funding round.
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Loan disbursements rose 37% year-on-year to around Rs 3,812 crore during the first quarter of FY27.
BharatPe Capital currently manages a loan book of over Rs 1,750 crore and disburses around Rs 3,500 crore annually.
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The Pune-headquartered company aims to raise Rs 750 crore through a fresh issue of shares.
Its total income more than doubled to Rs 103.4 crore in FY26 from Rs 47.9 crore a year earlier.