🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Paisabazaar taps brick-and-mortar to boost secured lending
Economic Times
·
10m ago
Medial
Indian digital credit marketplace Paisabazaar, owned by PB Fintech, is following in the footsteps of sister company Policybazaar by developing an offline distribution channel. With a field team of approximately 100 people in Delhi, Mumbai, and Bengaluru, Paisabazaar aims to increase its offering of secured credit products, such as home loans and loans against property, with plans to scale up the team to 500 by the end of this fiscal year. The move comes as Paisabazaar aims to increase the share of secured credit in its overall disbursals from 15% to 50%.
View Source
Related News
Distribution-as-a-service startup ofScale raises $375K in a pre-Seed round from FirstCheque and others
IndianStartupNews
·
1y ago
Medial
Indian distribution-as-a-service startup, ofScale, has secured $375,000 in a pre-seed funding round led by First Cheque, with participation from Matrix Partners India DeVC and Relentless VC. The startup aims to enable brands to establish an affordable brick-and-mortar presence through a technology-led B2B model, addressing challenges like high sales overheads and slow market entry. The funding will be used to enhance product development and expand into other sectors, beyond beauty and personal care.
View Source
Paisabazaar appoints new CEO; cofounder Naveen Kukreja moves to PB Fintech as group president
Economic Times
·
5m ago
Medial
Paisabazaar has appointed Santosh Agarwal as its new CEO, while co-founder Naveen Kukreja becomes group president of PB Fintech. Agarwal, previously Policybazaar's chief business officer, will lead Paisabazaar into new savings and pension products. The company faced a 20% decline in its credit distribution business, though secured lending saw revenue increase. Vivek Audichya, the CFO, will be replaced by Neeraj Tripathi as Audichya moves to Policybazaar as CFO.
View Source
Shriram Finance taps offshore investor to raise fresh capital
VCCircle
·
7m ago
Medial
Shriram Finance Ltd, a major non-banking finance company in India, is raising up to $850 million (approximately Rs 7,285 crore) to increase lending capacities. The firm has engaged an offshore investor for this capital boost. The funds will be utilized to expand lending to micro, small, and medium enterprises (MSMEs), supporting their growth and operations. This strategic financial move aims to enhance Shriram Finance's lending portfolio and reach within the sector.
View Source
Paisabazaar CEO Naveen Kukreja steps down; Santosh Agarwal promoted to top role
YourStory
·
5m ago
Medial
Naveen Kukreja stepped down as CEO of Paisabazaar, transitioning to group president at PB Fintech and non-executive director at Paisabazaar. Santosh Agarwal, currently at Policybazaar, will become CEO of Paisabazaar. PB Fintech announced the leadership changes aligned with their growth strategy. Vivek Audichya shifts from Paisabazaar CFO to Policybazaar CFO, with Neeraj Tripathi succeeding him. The company aims to expand its digital lending and insurance footprint.
View Source
Quick commerce one-of-a-kind innovation that only India has: FM
Inshorts
·
9m ago
Medial
Finance Minister Nirmala Sitharaman said Indian startups, especially in the quick commerce sector, "are one-of-a-kind innovation that only India has". The sector should be used "to brand India as a destination of innovative solutions to modern needs", she stated. However, she acknowledged that quick commerce poses a challenge to brick-and-mortar stores and they need the government's help.
View Source
Krispy Kreme says cybersecurity incident is impacting online orders in US
Economic Times
·
8m ago
Medial
Doughnut chain Krispy Kreme experienced unauthorized activity on its IT systems, disrupting operations, including online ordering in the US. The company is investigating the incident and working with cybersecurity experts. The expected costs, including loss of revenue from digital sales, may have a material impact on its results. Despite the disruption, Krispy Kreme's brick-and-mortar shops remain open for in-person orders.
View Source
How Swiss Beauty Is Reaching Shoppers Across 550+ Cities Through Omnichannel Play, Robust Logistics
Inc42
·
1y ago
Medial
Swiss Beauty, a beauty and personal care brand, offers vegan and cruelty-free products. Its in-house R&D team focuses on innovative product development. To streamline its operations, Swiss Beauty has partnered with Emiza, a 3PL player. The company plans to expand its brick-and-mortar presence in Tier II locations and smart cities, targeting general trade stores as 55% of its revenue is generated offline.
View Source
Masaba Gupta eyes a bigger chunk of the beauty market
Livemint
·
1y ago
Medial
Fashion designer Masaba Gupta is looking to expand her beauty line, LoveChild, into more brick-and-mortar stores and exclusive brand outlets (EBOs). Currently, LoveChild products are available in her House of Masaba stores, but she plans to widen distribution through retailers like Shoppers Stop and Lifestyle. Gupta started LoveChild last year and offers a range of cosmetics. She also revealed plans to move her brand towards becoming a luxury apparel company.
View Source
Quick Commerce Platforms Creating Uneven Playing Field:AICPDF
Inc42
·
1y ago
Medial
The All India Consumer Products Distributors Federation has expressed concerns over the compliance of quick commerce platforms with FDI norms in a letter to Union Minister Piyush Goyal. The federation is calling for regulation of these platforms, stating that their unchecked expansion is negatively impacting small brick and mortar stores. This follows Goyal's recent remarks that the exponential growth of ecommerce in India is a concern rather than a point of pride.
View Source
Listed fintechs feel the pinch of lenders going slow on unsecured lending
Economic Times
·
3m ago
Medial
A slowdown in unsecured loan disbursals by banks and NBFCs has impacted fintech firms like Paytm, MobiKwik, and Paisabazaar. These companies, focusing on digital loan sourcing, are shifting towards secured lending and core payments to counter the slowdown. Revenue growth from financial services has decelerated, with fintechs now collaborating with lenders primarily for tech products rather than loan sourcing. Regulatory guidelines have further tightened their revenue channels, affecting their growth dynamics.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
