#Digital Lending

NeoGrowth raises Rs 85 crore from FMO, LeapFrog

Indifi FY26 revenue up 3% to Rs 371 crore, swings to profit

Total expenses of the company declined 12% to Rs 376.8 crore during the fiscal from Rs 426.7 crore in FY25, aided by a sharp reduction in impairment costs.

Seeds Fincap raises Series B funding led by Michael & Susan Dell Foundation

Existing investors Z47 and Lok Capital participated in the round along with Norinchukin Capital and Alteria Capital.

Moneyview shares list at 64% premium after strong IPO demand

On the BSE, Moneyview opened at Rs 55.61 per share, a 63.6% premium over the issue price of Rs 34.

Digital NBFCs sanction 3.4 crore personal loans worth Rs 64,656 crore in Q1 FY27

The average ticket size for digital NBFC loans stood at Rs 18,802, up around 15% from FY26.

Moneyview IPO subscribed 98.5x

Qualified institutional buyers (QIBs) drove the demand, subscribing to their portion 227.5x.

Moneyview raises Rs 327.5 crore from anchor investors

The anchor book saw participation from large domestic mutual funds including SBI Mutual Fund, HDFC Mutual Fund and ICICI Prudential Mutual Fund, among others.

Kissht parent OnEMI approves Rs 832 crore preferential fundraise

The board has cleared the allotment of up to 2.64 crore equity shares at Rs 314.11 per share to a group of non-promoter investors.

Moneyview seeks around Rs 6,000 crore valuation as it sets IPO price band at Rs 32-34

The IPO will open on September 24 and close on September 28, while the anchor investor round is scheduled for September 23.

Accel-backed Moneyview cuts IPO size

Earlier this year, other lending companies such as Kissht and Aye Finance also cut their IPO size, as valuation concerns grew.

Kissht parent OnEMI plans fresh funding months after listing

The board is scheduled to meet on September 17 to evaluate various fundraising options, including the issuance of equity shares, warrants, convertible securities, or other approved instruments.

Beams Fintech Fund leads Rs 215 crore investment in Business Nextgen Finance

The round also saw participation from Baring Private Equity India, Saison Capital Pte. Ltd. and UNLEASH, along with other investors.

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.

Navi raises $100 million funding from Prosus ahead of IPO

The investment comes as the Sachin Bansal-led fintech firm prepares to file documents for initial public offering.

MobiKwik infuses Rs 60.85 crore into subsidiary as it shifts lending business

The company has appointed former Bajaj Markets executive Manish Pathania to lead the digital lending business.

DSP Finance acquires Volt Money

The acquisition is expected to bolster DSP Finance’s offerings in loans backed by financial assets, particularly mutual funds.

Rezolv raises Series A funding led by Norwest

The round also saw participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.

Bank of America picks 49.9% stake in Jio Credit for $1.9 billion

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.

Info Edge-backed Tractor Junction receives RBI nod for NBFC arm

The NBFC arm, Dhanrise Finance, is scheduled to commence lending operations in October 2026.

MobiKwik Q1 FY27 revenue up around 4% to Rs 281 crore

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.