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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. RBI appoints Sanjay Kumar Hansda as Executive Director

  2. OpenAI partners with NPCI, Razorpay to launch agentic payments on ChatGPT

  3. Qapita secures Series B funding led by Charles Schwab

  4. Amazon Pay India reports Rs 2,097 crore in FY25 revenues

  5. Fintech startup Niro shuts down after raising $20 million

  6. Read more news...

AI/Emerging Tech

  1. SoftBank inks definitive pact to buy ABB's robotics business for $5.37 billion

  2. OpenAI rolls out ChatGPT Go plan in 16 more countries

  3. Anthropic to open first office in India in early 2026

  4. GreyLabs AI secures Series A led by Elevation Capital

  5. Anthropic ropes in ex-Stripe CTO Rahul Patil as chief technical officer

  6. Read more news...

Money & Machines

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

  2. RBI brings the wild west under regulatory fold; Hello, AI friend

  3. The same fate of two digital lending posterboys; Healthcare not AI ready?

  4. Reliance's startup moment; Amazon, Flipkart's NBFC play

  5. Previous editions...

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

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

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