Datasigns Technologies Pvt. Ltd, which runs online lending platform Shubh Loans, has raised $1.5 million (about Rs 10 crore) in a pre-Series A round from SRI Capital, Japan’s BeeNext and Pravega Ventures. Shubh Loans will use the funds for building its technology team and market expansion, the Be…
Tag: Loan frame
Why fintech start-ups are wooing India’s small businesses
Fintechs specializing in micro-financing are gaining the trust of Indian SMEs and MSMEs. Small and medium businesses have thrived in India for decades, specifically empowering smaller towns and cities.
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Online lending start-up KNAB Finance raises funds from InCred, others
KNAB Finance Advisors Pvt. Ltd, a fin-tech firm that provides unsecured working capital loans to small and medium-sized enterprises (SMEs), has raised a little over Rs 2.5 crore in two funding rounds. Non-banking financial company (NBFC) InCred, and over a dozen individual investors including Min…
Tech platform aids SMEs access loans
Hyderabad: Though the demand for loans from the SME is robust, most SMEs have a problem in accessing loans at relatively lower interest rates. However, use of technology can bridge the gap between the credit demand and the lenders and benefit the SMEs, according to Shailesh Jacob, chief executive…
LoanFrame: Solving the financing problem for Indian SMEs
Loan Frame was launched in mid-2016 with the objective of redefining the experience of borrowing by SMEs in India. The Company is India’s first lending marketplace fully dedicated to SMEs. Loan Frame caters to the varied loan requirements of SMEs up to Rs. 50 crores. The company differentiates fr…