Msme

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.

Fintech Highlights

  1. Jio Financial pumps Rs 190 crore into payments bank

  2. Net1 exits MobiKwik after 8-year investment, books a loss

  3. PB Fintech co-founders sell over Rs 900 crore worth of shares

  4. Pazy secures pre-seed funding led by Inuka Capital

  5. IndiaBonds bags Rs 32.5 crore in first external funding
  6. Read more highlights...

AI/Emerging Tech

  1. AI Mode, ChatGPT or Perplexity - who's best at keeping kids active indoors on hot days

  2. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner

  3. At a Glance: AI Data Labeling companies beyond Scale AI

  4. Darwix AI bags seed funding

  5. Google plans to snap ties with Scale AI after Meta's "significant" investment
  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case