India’s MSME sector is the backbone of the economy, contributing roughly 30 % of GDP and employing over 110 million people. Yet chronic credit gaps remain. Traditional banks are often risk-averse; informal lenders are prohibitively expensive. In this void, NBFC startups are emerging as the new frontier, combining technology, alternative data, and customer-centric credit models…
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As we delve into the financial landscape of the startup ecosystem for November 2023, a nuanced story emerges. The data, illustrated across four slides, provides a comprehensive overview of the funding dynamics, showcasing both highs and lows in deal volumes, total funding raised, top deals, and the key players driving investment. Let’s unpack the trends…
Read moreIntroduction Welcome to a riveting episode of It’s-a-Big-Deal, where we delve into the intricacies of the latest happenings in the Indian startup scene. In today’s spotlight is InCred Finance, the newly-anointed unicorn that recently secured an impressive ₹500 cr in its Series D funding round. Watch the Episode 11 available on YouTube. About InCred InCred Finance,…
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