https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Fri, 23 Feb 2024 00:07:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2024/02/23/dvara-kgfs-raises-27-million-debt-to-boost-rural-financial-inclusion/ Fri, 23 Feb 2024 01:30:48 +0000 https://thenfapost.com/?p=346076 Chennai, NFAPost: Dvara KGFS, a leading rural fintech, dedicated to fostering financial inclusion in deep rural villages across India, has raised $27 million in debt funds. This financial boost will play a crucial role in augmenting the company’s liquidity and accelerating its growth plans. Dvara KGFS recently achieved a significant milestone of crossing the Rs […]]]> https://thenfapost.com/2022/08/11/indian-fintech-to-have-1-trillion-in-aum-200-billion-revenue-by-2030-report/ Thu, 11 Aug 2022 13:33:49 +0000 https://thenfapost.com/?p=189953 Fintech-facilitated lending will grow by $476 billion to reach $514.6 billion in book size by 2030 Mumbai, NFAPost: Indian fintech will grow tenfold to have $1 trillion in assets under management (AUM) and $200 billion in revenue by 2030, said a report. The digital lending market, with a $515 billion book size by 2030, will […]]]> https://thenfapost.com/2021/05/31/centrum-microcredit-raises-rs-75-crore-through-ncd-issuances/ Mon, 31 May 2021 14:04:49 +0000 https://www.thenfapost.com/?p=85617 Mumbai, NFAPost: Centrum Microcredit Limited (CML), the microfinance arm of the Centrum Group, announced the close of two Non-Convertible Debentures (NCDs) amounting to Rs 75 crore. The NCD issuances are for Rs 50 crore and Rs 25 crore each. The funds from these NCDs are being used to provide financial assistance to women entrepreneurs. The […]]]>