Msme

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.

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.

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. RBI imposes Rs 21 lakh penalty on PhonePe for compliance lapses

  2. PhonePe rolls out ESOP buyback of Rs 700-800 crore ahead of IPO

  3. CoinDCX sees more top-level executive exits

  4. Avanse net profit jumps 47% to Rs 502 crore in FY25

  5. PhonePe, SIDBI team up to digitize Udyam Assist registration for micro enterprises
  6. Read more news...

AI/Emerging Tech

  1. Micro1 raises Series A funding led by VC firm founded by former X executives

  2. OpenAI set for restructure under non-binding deal with Microsoft

  3. Mistral AI attracts $2 billion in Series C led by ASML

  4. Cognition AI raises $400 million in new funding led by Founders Fund

  5. Former Scale AI executive founded AI startup Isotopes AI bags $20 million in seed funding
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

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