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Posts Tagged ‘ online lending ’

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

Friday, December 30, 2016 | More »

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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...

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Exclusive: Zouk Loans shuts online lending biz, pivots to Zouk Tech

Delhi-based Zouk Management Advisors Pvt Ltd has shut its business of lending to small- and medium-sized companies and has pivoted to become an enterprise software provider for financial institutions, its co-founder and CEO said. “We were in the SME lending marketplace space and we weren’t very ...

14 July, 2016 | More »

Ritesh Jain

Former Housing.com CFO Ritesh Jain floats online lending startup with two others

Ritesh Jain, a former chief financial officer at Housing.com, has quit the real estate portal to launch an online lending platform along with two others. FlexiLoans, the new venture, disburses working capital loans to small and medium-sized companies, co-founder Manish Lunia said. The third co-found...

8 July, 2016 | More »

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Online lending platform Capital Float gets $25 mn

Online lending platform Capital Float, operated by Bangalore-based Zen Lefin Pvt Ltd, has secured $25 million (Rs 170 crore) in a Series B funding round led by Creation Investments Capital Management. Existing investors SAIF Partners, Sequoia India and Aspada also took part in this round, the compan...

12 May, 2016 | More »