Friday, April 19, 2024
Outlook.com
Outlook India
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Yubi

The collaboration will focus on extending loans to MSMEs across India

This strategic partnership aims to address the financing needs of SMEs and facilitate their growth and development

As part of the acquisition, FinFort will join the Yubi group of companies, collaborating with Yubi's subsidiary, Corpository, a SaaS-based credit analytics platform for corporate lending, providing access to over 100 public information sources

Through this strategic partnership, Yubi's Yubi Co.Lend will be leveraged by Lendingkart’s SaaS platform and its NBFC platform for co-lending to the priority sector

Fintech start-ups are hoping the Union Budget 2023 will have announcements that will mitigate regulatory burdens, provide tax incentives or breaks and offer infrastructure support that will help them thrive

Systematically strengthening its leadership, in the past year the private equity fund appointed Praveen Sridharan as partner-investments and LN Guru Moorthy as chief financial officer and partner