Tata Capital has entered into an agreement with Capital Float to provide Working Capital Loans to financially under-served Small & Medium Enterprises (SMEs) in India. Tata Capital will be co-lending on Capital Float’s digital lending platform and through this relationship, both the companies …
Tag: Tata Capital
Online credit score start-up CreditVidya raises $5 m in series B from Matrix Partners, others
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…
GSTN provider Vayana Network raises Rs 25.7 cr in Series-A funding
Digital trade financing network and a Goods and Services Tax Network (GSTN) provider, Vayana Network, has bagged over Rs 25.7 crore from IDG Ventures and Jungle Ventures in series A funding. The Pune based network facilitates trade between businesses and helps finance small and medium enter…
Tata Capital to continue focus on housing, small sector loans
Mumbai: Tata Capital has said that housing finance and loans to small and medium enterprises will remain at the core of its business. The company, which launched the Prapti home loan scheme four months ago to target the low-income segment, said the vertical was showing promising growth. It is now…
Snapdeal offers Rs 1,000 crore collateral-free loans to its sellers
Online marketplace Snapdeal is offering collateral-free loans worth Rs 1,000 crore for its sellers, ahead of the festive season to enable them to stock up adequately. The loans would be disbursed through its ongoing programme — Capital Assist — which is now managed by FreeCharge and i…
Tata Capital, CII partner to provide easy credit to SMEs
Tata Capital said it has signed a pact with industry body CII to provide easy credit to small and medium businesses. “Tata Capital, the financial services arm of the Tata Group, signed a MoU with Confederation of Indian Industry (CII) to partner with them in the SME Finance Facilitation Cen…
Kalaari Capital leads $2 million Series A funding round in Creditvidya
Early-to-mid-stage venture capital firm Kalaari Capital has led a $2 million (Rs 13.3 crore) funding round in financial technology startup Infocredit Services, which operates credit score advisory platform CreditVidya . Additionally, the three year-old, Mumbai-based startup has received Rs 1 cror…
Tata Capital ties up with Biz2Credit to lend to SMEs
Tata Capital, the financial services company of the Tata Group, has tied up with Biz2Credit, an online resource for small business finance, to lend to small- and mid-sized companies. According to a press release, Tata Capital will use the acquisition channels on Biz2Credit’s small business lendin…
Snapdeal assists capital needs of 1,200 SMBs with Rs 300 crore
Snapdeal’s Capital Assist programme has reached out to 1,200 small and medium-sized enterprises across 300 cities in the country and disbursed loans of around Rs 300 crore till date. The e-tailer has tied up with 25 financial institutions under its Capital Assist programme, which includes HDFC Ba…