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Adani's super app, Adani One, has begun pilots with digital lending firms and non-banking financial companies (NBFCs) - personal loans ranging from Rs 1,000 to Rs 5 lakh. The company has finalized an arrangement with KrazyBee Services, the NBFC arm

Hello Medial Community Is it mandatory for a fintech who is also engaged in lending activities to get the NBFC licence from RBI?

Deepinder Goyal-led food delivery giant Zomato has abandoned plans to enter the non-banking financial company (NBFC) sector. The company's subsidiary, Zomato Financial Services Limited (ZFSL), has decided to voluntarily withdraw its application to

Navi Finserv Ordered to Cease Loan Disbursement by RBI 🚨 In a recent development, Navi Finserv, the NBFC arm of Sachin Bansal’s Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa

Do Create from Scratch ALWAYS? Go for What’s Working SOMETIMES 👉 Proven Formulas: Why reinvent the wheel? 👉 Best Practices: Learn from others' successes. 👉 Templates: Save time, boost efficiency. 👉 Adapt and Improve: Take what works and ma

The Adani One superapp soared to a GMV of Rs 750 crore in FY24, marking a monumental achievement since its December 2022 launch. With a user base of 30 million by FY24's end, it eyes connecting with 400 million users by 2030 across Adani portfolios

Is there anyone who is talking about lending money to small & msme businesses through a fintech platform as an overdraft limit with the help of multiple nbfc in the market. I think business is ready to give a flat 1%-1.25% on the money they use. As t

Volt Money Partners PhonePe To Offer Loans Against MFs - Partnership Announcement: Volt Money has partnered with PhonePe to offer loans against mutual funds through the PhonePe app, with loan sizes ranging from INR 25,000 to INR 5 Cr. - Integration

Jio Financial Services (JFS) is making big moves. Yes! Jio DHAN DHANA DHAN! They're set to buy telecom equipment and infrastructure from Reliance Retail for about Rs 36,000 crore to boost their lending business. They're also aiming to increase f

Why “Boring” Ideas Make the Biggest Bucks 🚀 Think great startups are built on groundbreaking, one-in-a-million ideas? Think again. Most successful businesses aren’t born from flashy concepts—they’re built on execution. Take food delivery services