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Online lending segment gains traction as over 25 startups emerge in two years

Friday, December 30, 2016 | More »

Startup_Thinkstock2
The last two years have seen the emergence of more than 25 startups in the online lending space, and the majority of them also getting funded, according to a TechCircle analysis. In fact, together with payments tech (primarily wallets), which hogged all the limelight recently thanks to the Centre...

i2ifunding

Exclusive: Angel investors back online P2P lending platform i2ifunding

Online peer-to-peer (P2P) lending marketplace i2ifunding has raised Rs 2 crore (around $300,000) in angel funding from a group of angel investors. Two angel investors from Mumbai and one Indian investor based in Japan have participated in this round, Vaibhav Kumar Pandey, co-founder, i2ifunding, tol...

20 May, 2016 | More »

RBI

RBI proposes rules to regulate P2P lending

The Reserve Bank of India on Wednesday proposed to define peer-to-peer lending ventures as non-banking finance companies and prescribed minimum capital requirements for such startups to regulate the nascent but fast-growing segment. The development comes at a time when a number of startups have spru...

28 April, 2016 | More »