Infibeam Avenues to foray into AI-based lending
Making its foray into AI-based lending space, Infibeam Avenues says it intends to lend money by offering credit algorithms, credit platforms, frameworks and merchant database.
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Making its foray into AI-based lending space, Infibeam Avenues says it intends to lend money by offering credit algorithms, credit platforms, frameworks and merchant database.
The appointment comes a month after the startup raised over $600 million in funding.
SoftBank Vision Fund posted a 236 billion yen ($2.14 billion) profit in the first quarter even as gains from listing portfolio companies were offset by the impact of Chinas tech crackdown.
SoftBank CEO Masayoshi Son said Zomato and Swigyy were the two dominant players in the market with an equal market share.
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