RUGR Fintech Private Limited has raised $5 million in a Pre-Series A round led by Vikasa India EIF I Fund, valuing the company at $25 […]
Tag: financial inclusion
Bank of Baroda teams up with IIFL Finance to empower rural borrowers
Bank of Baroda and IIFL Finance have joined hands in a co-lending partnership aimed at boosting gold loan availability for underserved and unbanked populations in […]
Paytm launches gold coins rewards program ahead of festive season
Paytm (One 97 Communications Limited) has announced the launch of its Gold Coins program, an initiative where every payment on Paytm earns users Gold Coins […]
PhonePe launches Udyam Assist Registration to empower micro-enterprises
PhonePe has unveiled Udyam registration through the Udyam Assist Platform (UAP), marking a significant step toward formalising micro-enterprises across India. The launch event in Delhi […]
Perfios and SatSure to transform agri-lending with earth intelligence
Perfios.ai has announced a strategic partnership with SatSure, a pioneer in Earth Observation (EO) analytics, to revolutionise agri-lending through the power of space data and […]
Muthoot Microfin expands its operations in Assam
Muthoot Microfin has announced its strategic expansion into Assam, marking a significant milestone in its mission to broaden financial inclusion efforts across India’s Northeast region. […]
Satin Creditcare to unveil women-led AIF for underserved MSMEs
Satin Creditcare Network Ltd. (SCNL) has introduced a new Alternative Investment Fund (AIF) aimed at transforming credit access for underserved micro, small and medium enterprises […]
LIC signs MoU with DoRD to promote Bima Sakhi Yojana in rural India
Life Insurance Corporation of India (LIC) has entered a Memorandum of Understanding (MoU) with the Department of Rural Development (DoRD), Ministry of Rural Development, Government […]
Samvedna Microfinance receives RBI NBFC-MFI licence
Samvedna Microfinance has officially been granted NBFC-MFI status by the Reserve Bank of India, marking a landmark achievement in the company’s mission to drive financial […]
Ambit Finvest and DCB Bank to boost MSME lending through co-lending model
Ambit Finvest has signed a strategic co-lending partnership with DCB Bank Limited to enhance credit access for India’s Micro, Small, and Medium Enterprises (MSMEs). This […]