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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Tag: Shashank Rishyasringa
Demonetisation Effect | E-wallets making hay while digital lending start-ups feel the heat
The rapid embrace of digital payments following the crackdown on cash transactions is set to greatly benefit an allied industry: alternative lending startups. Digital payment companies such as Paytm have emerged the immediate winners post the government’s decision to scrap high-value banknotes an…
Start-ups gear up to raise fresh funds under liberalised ECB regime
Indian start-ups might look at raising funds through the more liberalised external commercial borrowing (ECB) route to spend on marketing, setting up offices in the US and Europe, and expanding their business. This would also give them access to debt money, a crucial factor at a time when they’re…