Short video apps Roposo, Chingari, Trell focus on monetisation as competition heats up
With the advertising market rebounding after the Covid19-led lockdown, the approach of the festival season and a cash-guzzling business to run, platforms have signed up top brands.
Non-AAA rated NBFCs queue up for half of the government’s Special Liquidity Scheme
Many nonbank lenders including Piramal Capital, Indiabulls...
PayU Credit India makes two senior level hires
The strategic hires come at a crucial time when the alternate lending company is focused on sc...
Do's and dont's while taking education loan
Joining a course just because the institute has tied up with some financial institutions and a loan is easily available is a mistake. By doing so, you may fall victim of the education mafia.
Dismal loan recoveries leave lending startups in red zone
Most fintech lending companies that also hold non-banking financial company (NBFC) licenses are expected to take a significant hit to their loan books with repayment collections slowing down in the aftermath of the Covid-19 outbreak .
Smaller para banks get trust vote from global investors
Since the peak of capital crisis, about a dozen such entities raised $835 million.
Investcorp closes Rs 323-crore funding round in NephroPlus
The latest transaction will see Sea-Link Capital Partners, the investment firm founded by former KKR senior executive Heramb Hajarnavis, score an exit from its three year-old investment.
Investcorp raises Rs 1,000 cr for India
Investcorp's latest India-dedicated fund focuses on consumer, finserv and healthcare.
SBI Capital, SHCI enter race for IDFC Securities
Most of the new bids have been pegged at around Rs 120 crore, said one person.
Young startups fish for talent in big tech pool
Striking a balance in team dynamics is, however, not easy, founders say. Vivekananda Hallekere, CEO at Bounce, said defining the skillset for his early-stage team (zero to one) to work with his growth stage team (one to ten) was a key challenge as the company scaled up.
Axis Capital MD Dharmesh Mehta takes sabbatical
“I have taken sabbatical leave from Tuesday as I was involved in submitted bid for a competing business of Axis Capital,” said Mehta.
Alpha Capital invests Rs 80 crore in ethnic wear brand Shree
The brand plans expansion into Kerala, Tamil Nadu, Karnataka, Maharashtra, Gujarat, Punjab, Uttar Pradesh, Himachal Pradesh, Haryana and Madhya Pradesh.
PrestLoans gets Rs 16.5 cr in debt funding
The company reported 10 times growth in lending on year on year basis and is on aggressive expansion plan.
WeCash ropes in former Mobikwik executive Puneet Agarwal
Agarwal who specializes in analyzing risk profiles of borrowers was expected to build up the credit division within Mobikwik.
Guide for parents taking education loan for kids
You should keep a separate education corpus and start early so that the power of compounding can work. But if you fall short, an education loan can bridge the gap. Here’s what you need to know.