CreditVidya, which uses data to provide credit scores for individuals, has raised $5 million in its series B funding round led by Matrix Partners India. The Mumbai-based company’s existing investor Kalaari Capital has also participated in the latest fund raise. CreditVidya co…
Tag: Capital First
SME sector will make a stronger comeback in 2018: Capital First
Capital First’s fourth quarter earnings were slightly ahead of estimates on back of strong balance sheet growth. Asset quality remained stable. The year-on-year (YoY) asset under management (AUM) growth for the quarter stood at 24 per cent. Retail AUM was up 33.4 per cent YoY. The Q4FY17 Yo…
Fintech start-up perfios secures $6.1 mn in series A funding
Bengaluru-based fintech firm Perfios has reportedly raised $6.1 Mn (INR 40 Cr) in Series A funding round from Bessemer Venture Partners. This is Bessemer’s first deal in a pure play fintech platform. The raised funds will be used for team strengthening, international expansion to the UAE & So…
Small scale firms get lending hand from Paytm, Fincos
Mobile payments and commerce platform Paytm said it has tied up with financial institutions to facilitate collateral-free working capital loans of up to Rs 1 lakh for small merchants and service providers like kirana store owners and auto drivers. Paytm will pass on the credit profile, which is b…