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Latest Articles in loan

Edtech Startup Byju's Seeks More Time From Creditors To Repay $1.2 Bn Debt

The edtech startup is scrambling to appease creditors and investors who are already concerned about the startup's mounting losses. The India-based company has offered to raise new equity capital and provide creditors with a so-called quality of earnings report as well as cash verification statements from external auditors

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Evocus Gets Capital Loan Of Rs 10 Cr From Redfort Capital

Evocus, black alkaline water gets a capital loan of Rs 10 Cr from RedFort Capital Finance. Evocus is a D2C company based in Gujarat

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IndusInd Bank Raises $150 M Loan From DFC

IndusInd Bank raises a $150 million loan from Development Finance Corporation (DFC) to support women entrepreneurs. It aims at boosting access to finance for women borrowers, as well as uplifting the livelihoods of these women and their families

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Startups To Get Collateral Free Loans Under Credit Guarantee Scheme

Government notifies Credit Guarantee Scheme to provide collateral-free loans up to a specific limit for startups. The eligible startups would be covered on or after 6 October under the scheme

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Earlysalary Crosses Rs 5,000 Cr Loan Disbursement In December 2021

The company had launched EarlySalary Credit Suite to create a comprehensive credit solution that helps its aspirational customers meet all their financial needs easily and help upgrade their lifestyle.

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Credit Wise Capital Launches Twin2 To Provide 2-Wheeler Loans

Twin2 is a step forward in having a unified interface that stays the same for all customers.

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Finding Capital: Where To Look If Banks Reject Your Small Business Loan Request

Non-banking lenders have re-emerged as a viable source of capital for small business owners, including women-owned businesses, as they typically tend to focus less on credit scores, and more on the financial health of the borrower looking for funding.

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Eko Aims To Onboard 1M Sellers And Disburse $1bn Worth Of Loans In Future

The fintech platform uses the ‘micro-credit approach’ in its services and designs them to fulfill the same. Its daily repayment infrastructure capability allows sellers to repay loans daily in part or full.

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MPokket Expects Rise In Loan Disbursements To Rs 2,000 Cr

'We disbursed Rs 1,200 crore in 2020-21 and expect to disburse more than Rs 2,000 crore in 2021-22,' said Jalan whose company is engaged in providing loans ranging from Rs 500 to Rs 20,000 through a lending app

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Prodigal Raises $12M To Give Lenders Actionable Insights

This new fund allows Prodigal to expand its suite of intelligent workflow and optimization products that enable clients to boost productivity, better serve customers, and drive the bottom line

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