Nbfc

Avanse Financial Services raises $200 million in debt via ECB

Avanse Financial Services raises $200 million in debt via ECB

21 Aug 2025, 11:29 AM

The loan was raised from a syndication of banks from Taiwan, Japan, Singapore, Sri Lanka, the UAE, and India.

Kissht files draft paper for IPO, eyes Rs 1,000 crore via fresh issue

Kissht files draft paper for IPO, eyes Rs 1,000 crore via fresh issue

19 Aug 2025, 18:41 PM

Kissht plans to allocate around Rs 750 crore to strengthen the capital foundation of its non-banking financial company subsidiary, Si Creva.

IPO-bound SME lender Aye Finance posts Rs 1500 crore in revenue in FY25

IPO-bound SME lender Aye Finance posts Rs 1500 crore in revenue in FY25

04 Aug 2025, 15:51 PM

The profit during the financial year, ended March 31, 2025, stood at Rs 171 crore, compared to Rs 161 crore in FY24.

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.

Digital lender KreditBee converts into public entity ahead of IPO

Digital lender KreditBee converts into public entity ahead of IPO

24 Jul 2025, 13:43 PM

The company has also recieved the RBI nod to merge its technology arm Finnovation Tech Solutions into NBFC Krazybee Services.

IPO-bound digital lender Ring (Kissht) sees FY25 profit dip, disbursements halved

IPO-bound digital lender Ring (Kissht) sees FY25 profit dip, disbursements halved

24 Jul 2025, 13:10 PM

Ring's parent entity OnEMI's total income also fell to Rs 1,353 crore during FY25, against Rs 1,700 crore in the year ago period.

Partners Group to pick majority stake in Infinity Fincorp for Rs 1,950 crore

Partners Group to pick majority stake in Infinity Fincorp for Rs 1,950 crore

10 Jul 2025, 16:58 PM

The deal includes a primary capital infusion of Rs 600 crore with participation from existing investor Jungle Ventures.

Credit Wise Capital secures Rs 200 crore funding led by Trident Growth Partners

Credit Wise Capital secures Rs 200 crore funding led by Trident Growth Partners

09 Jul 2025, 11:39 AM

The fresh capital will help the company boost its secured loan portfolio, strengthen its proprietary SaaS lending platform and expand its presence in underserved regions.

InPrime Finserv bags fresh funding led by Pravega Ventures

InPrime Finserv bags fresh funding led by Pravega Ventures

08 Jul 2025, 10:59 AM

The Bengaluru-based startup, operated by STK Credit Pvt Ltd, will use the fresh capital for geographical expansion in the country.

At a Glance: Fintechs rule personal loan volume, but bank-like on gender thinking

At a Glance: Fintechs rule personal loan volume, but bank-like on gender thinking

03 Jul 2025, 13:32 PM

Of the total, only 12% or Rs 1,06,548 crore of the overall value of personal loans accounted for fintech NBFCs in FY25.

Mahaveer Finance raises Series C funding from Elevation Capital, others

Mahaveer Finance raises Series C funding from Elevation Capital, others

19 Jun 2025, 11:55 AM

The fresh capital will be used to boost its presence in southern India, enhance its proprietary credit infrastructure, and expand its lending to underbanked customer segments.

Techfino secures Rs 65 crore funding from Stellaris, Saison

Techfino secures Rs 65 crore funding from Stellaris, Saison

18 Jun 2025, 11:43 AM

The Bengaluru-based company will use the capital to double its branch network from 30 to 60 branches in the next 12 months.

Walmart-owned Flipkart gets NBFC licence from the Reserve Bank of India

Walmart-owned Flipkart gets NBFC licence from the Reserve Bank of India

06 Jun 2025, 11:18 AM

This is the first time the central bank has granted a large e-commerce player in India a lending licence.

Moneyview converts into public entity ahead of IPO

Moneyview converts into public entity ahead of IPO

04 Jun 2025, 14:41 PM

The digital lender is eyeing an IPO to raise over $400 million and has reportedly appointed Axis Capital, Kotak Mahindra, and others as its banking partners.

Zerodha

Zerodha's NBFC unit posts Rs 36 crore revenues, Rs 12.5 crore net profit for FY25

30 May 2025, 22:05 PM

The rating agency ICRA said Zerodha Capital witnessed a "healthy" scaleup in its loan against securities book to Rs 381 crore as on December 31, 2024.

OfBusiness

OfBusiness' lending unit Oxyzo posts increase in FY25 revenue, profit

29 May 2025, 21:49 PM

Oxyzo, which provides credit solutions and loans to SMEs, earned Rs 1,141 crore from interest income, which is about 95% of the total revenue.

MSME lender Saarathi Finance raises Rs 350 crore in funding

MSME lender Saarathi Finance raises Rs 350 crore in funding

29 May 2025, 16:05 PM

TVS Capital Funds, Lok Capital, Evolvence Equity Partners, Paragon Partners, and other angels collectively invested about Rs 350 crore in the NBFCs.

MobiKwik sets up wholly-owned unit to operate as an NBFC

MobiKwik sets up wholly-owned unit to operate as an NBFC

25 Apr 2025, 17:35 PM

The Gurugram-based fintech firm will now be required to apply for an NBFC licence from the RBI in order to operate as a non-banking financial company.

SME lender Finodaya Capital raises $2.5 million led by White Venture Capital

SME lender Finodaya Capital raises $2.5 million led by White Venture Capital

25 Apr 2025, 17:16 PM

Finodaya will operate on a hybrid “phygital” model, blending digital services with a physical branch presence to streamline loan disbursement and underwriting.

Fintech Highlights

  1. Payments Council of India reappoints CCAvenue's Vishwas Patel as chairperson

  2. Avanse Financial Services raises $200 million in debt via ECB

  3. Motilal Oswal Mutual Fund hikes stake in Paytm

  4. Kiwi raises $23 million in Series B funding led by Vertex Ventures

  5. Kissht files draft paper for IPO, eyes Rs 1,000 crore via fresh issue
  6. Read more news...

AI/Emerging Tech

  1. OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC

  2. Meta strikes licensing deal with Midjourney

  3. OpenAI warns against unauthorized investment vehicles

  4. Google inks cloud computing deal worth $10 billion with Meta

  5. OpenAI's chief people officer Julia Villagra steps down
  6. Read more news...

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