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. Blume-backed EV financing startup Ohm Mobility shuts down

  2. Pine Labs-owned Setu ropes in Razorpay, PhonePe, PayU execs for key roles

  3. BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

  4. Insurtech startup Bharatsure secures Rs 6 crore funding from IPV, others

  5. Digital lender KreditBee converts into public entity ahead of IPO
  6. Read more news...

AI/Emerging Tech

  1. China's Unitree prices new humanoid robot at under $6,000

  2. OpenAI's Shengjia Zhao named as chief scientist of Meta Superintelligence Labs

  3. AI supremacy: Taiwan follows US with mega global hub plan

  4. Trump government unveils artificial intelligence policy

  5. Intuit updates enterprise suite with AI agents to drive mid-market growth
  6. Read more news...

Editor's Pick

  1. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

  2. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

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