SME Lending

Instamojo will now transition from “just payments” to a “one-stop transactions platform”

Instamojo has partnered with lending and logistics service providers

The two new products, MojoXpress and MojoCapital, essentially provide logistics and credit services to Instamojo’s merchants

• Creation Investments and Falcon Edge were the lead investors in the fundraise
• Existing investors Matrix Partners India and Zodius Capital also participated
• OfBusiness will use the funding to source funds from banks and other NBFCs for onward lending

Flipkart Will Start Off With Microlending And Microinsurance For Ecommerce Purchases On Its Platform

Drip Capital Has Raised A Mix Of Equity And Debt Funding To Scale Up Its Operations Across Countries

The Startups Are Selected On The Basis Of Innovation, Total Funding, Yearly Revenue/ Expense Trends And More

Capital Float Plans To Use The Funding To Design Innovative Credit Solutions For Customers

In An Interaction With Inc42, MD and CEO Manav Jeet Sheds Light On Rubique’s New Tech Platform SPOT

The Funding Will Enable The Startup To Further Diversify Its Lending Portfolio

Power2SME Will Use The Debt Funding Towards Growth And Working Capital

The Startup Will Use The Funding To Expand Its Business

With This Fresh Funding, Lendingkart Will Expand Its Reach Among Indian SMEs

In 2017, Indian Fintech Startup Raised A Whopping $2.59 Bn In Funding