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PhonePe, SIDBI team up to digitize Udyam Assist registration for micro enterprises

PhonePe, SIDBI team up to digitize Udyam Assist registration for micro enterprises

10 Sep 2025, 13:30 PM

PhonePe partners with SIDBI to facilitate credit access to micro merchants through digital lending solutions integrated with Udyam Assist platform.

MSME lender Kinara Capital hit by liquidity crisis after lenders set off Rs 81 crore

MSME lender Kinara Capital hit by liquidity crisis after lenders set off Rs 81 crore

03 Aug 2025, 22:38 PM

After posting a profit of Rs 62 crore in FY24, the nbfc Kinara Capital swung to a loss of Rs 351 crore in FY25.

Indifi posts revenue jump in FY24; profit declines

Indifi posts revenue jump in FY24; profit declines

07 Mar 2025, 19:54 PM

Indifi’s cost of bad debt written off surged two times to Rs 45 crore in FY24.

MSME lender Aye Finance files DRHP for Rs 1450 crore IPO

MSME lender Aye Finance files DRHP for Rs 1450 crore IPO

24 Dec 2024, 22:18 PM

Aye Finance's largest shareholder Elevation Capital (formerly SAIF Partners) is not participating in the offer for sale.

SME lender Lendingkart sees marginal fall in FY24 profit

SME lender Lendingkart sees marginal fall in FY24 profit

26 Nov 2024, 23:36 PM

Revenue from co-lending - which accounted for 54% of the operating revenue - jumped by 88% to Rs 591 crore in FY24.

Fullerton to acquire controlling stake in Lendingkart

Fullerton to acquire controlling stake in Lendingkart

23 Oct 2024, 18:04 PM

The deal, which includes an investment of up to Rs 252 crore ($30 million), is awaiting regulatory approval.

Who Reads Us

Fintech Highlights

  1. MobiKwik July-Sept revenue from ops down 7% to Rs 270 crore, loss expands

  2. Groww raises Rs 2,984.5 crore from anchor investors

  3. IPO-bound Moneyview suffers Rs 49 crore loss in cyberattack

  4. Swedfund extends $20 million loan to microlender CreditAccess Grameen

  5. Snapmint raises $125 million in Series B funding led by General Atlantic

  6. Read more news...

AI/Emerging Tech

  1. Japanese trade body raises copyright concerns with OpenAI

  2. Lambda strikes multibillion-dollar deal with Microsoft

  3. OpenAI signs $38 billion-deal with Amazon Web Services

  4. Perplexity inks global multi-year licensing agreement with Getty Images

  5. Google to offer free Gemini AI Pro access to Jio's 5G subscribers

  6. Read more news...

Money & Machines

  1. India's subtle dance with stablecoins; Reinventing 'swadesi' in AI age

  2. The Economics of Gandhi

  3. Money & Machines: Regulators, Reel Stars, Real Money. And 'All Inclusive' — Inside GFF 2025

  4. What happened after the gaming ban story; VCs' hunt for 'Lovable' in India

  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar

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