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The small business sector of India is largely underbanked despite contributing about 30 per cent to the country’s GDP. This partnership hopes to fill this gap apart from catering to the other needs of the MSME sector ....
Mumbai (Maharashtra) [India], March 3 (ANI/NewsVoir): Bertelsmann India Investments (BII) has won the prestigious award for Best Fund Performance, Corporate Venture Capital by the apex Industry Body, IVCA. This recognition further strengthens BII's position as the leading growth-stage venture capital fund in the country. In the last year, with new allocation of USD 500 mn by Bertelsmann, BII made investments in various sectors including Health-tech (Orange Health), Future of Work (Awign), new-age BPO (Squadstack), Agri-tech (Bijak), and Enterprise-Tech (Vymo). The IVCA (Indian Private Equity and Venture Capital Association) is the apex body promoting the alternative investment industry in India. IVCA Conclave & Awards is India's largest PE-VC event. The awards are given to companies that have demonstrated outstanding performance in various categories. Bertelsmann India Investments won for their strong Fund Performance in 2022-23. Expressing his delight at winning the award, ....
Upwards founded in 2017 is a central bank-registered Non-Banking Financial Company (NBFC) committed to offering personal loans to salaried professionals ....
The signature event of Digital Lending Association of India- the annual DLAI conclave was held on Tuesday, January 24th amidst an august gathering of Digital lenders, Tech firms, Banks, NBFCs, Investors, Startups at the Taj Lands End, Mumbai. ....
The Ahmedabad-based NBFC also highlighted that in an underbanked market like India, 50 per cent of the company’s business comes from Tier II cities and below. ....