Lendingkart Finance, a digital lending platform for small and medium enterprises (SMEs) in India, has raised US $7.8 million (INR 50 crore) in debt funding from YES Bank, India’s 4th largest private sector bank. The funds will be utilised to further build the loan book as Lendingkart ex…
Tag: Indifi Technologies
In the absence of RBI guidelines, a code of conduct for digital lending start-ups
Bengaluru: The Digital Lenders Association of India, an industry body of about 20 startups in the digital lending space, has laid down a general code of conduct for its members which is likely to ensure more transparency in this nascent sector yet to be governed by specific guidelines by the Rese…
Indifi Tech expands partnership with India Infoline
Indifi Technologies, an enabler for SME funding in India, said it has expanded its partnership with India Infoline Finance Limited (IIFL) to provide monetary aid to small businesses. As a part of this partnership expansion, IIFL would extend monetary aid to small businesses across segments that I…
Suvidhaa Infoserve ties up with Indifi Tech for easy loan processing for SMEs
Indifi Technologies, an enabler for SME funding in India, has partnered with Mumbai based business correspondent Suvidhaa Infoserve , in order to facilitate easy credit for Suvidhaa’s retailers. This tie up is expected to meet the credit needs of Suvidhaa’s more than 90,000 retail age…
Edelweiss Retail Finance expands partnership with Indifi Technologies
Indifi Technologies, an enabler for SME funding in India, has successfully expanded its partnership with Edelweiss Retail Finance, as a lender on its online lending platform. With this association, Edelweiss Retail Finance will now extend lending to small businesses across multiple segments that …
DIPP finalising details of two-day National Startup Fest in August
In another event to boost startup ecosystem in the country, a two-day national Startup Fest is on the cards this August. The Department of Industrial Policy and Promotion (DIPP) is in the process of finalising the details of the event that is likely to be held in Hyderabad. It is planning to invi…
B2B e-commerce market 6 times larger than B2C: SME lenders
Companies like Capital Float, Lending Kart and Indifi Technologies that lend to small and medium enterprises are increasingly partnering with B2B e-commerce platforms such as Of Business and Tolexo to provide financing options to sellers and buyers on the marketplaces. B2B e-commerce market 6 tim…
20% of all applications received from smaller towns | Startup Expo
The Indian startup revolution is not limited to metros anymore; one-fifth of applications for a Startup Expo being organised by Lufthansa Airlines and The Indus Enterprise have come from smaller towns. Out of 34,000 applications for the one-day expo in Gurgaon this weekend, about 20% came from to…
Indian MSME finance market expected to touch INR 46 trillion by FY 2020 | Ken Research
Ken Research announced its latest publication on “India MSME Finance Market Outlook to 2020 – Driven by Government’s Financial Inclusion Agenda and Newfound Profitability in Segment” which provides a comprehensive analysis of the MSME Finance Market in India. The future analysis of overall MSME m…
SME funding-enabler Indifi & Travel Boutique Online join hands
In a bid to enhance businesses for travel agents, Indifi Technologies, an enabler for SME funding in India, has joined hands with Travel Boutique Online (TBO). Through this association, Indifi is providing working capital to travel agents who are unable to scale-up their businesses due to financi…