financing
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Opportunity India Desk Dec 20 2023 - 2 min readInternovo Ventures, a collaboration between Interface Ventures and Novostack, has unveiled its cutting-edge fintech platform, Indibook, to streamline record-keeping, accounting, and lending for small businesses. Following the acquisition of Mera Cashier in February 2023, Internovo Ventures has undergone a comprehensive overhaul of the platform's UI/UX, functionality, and features, reintroducing it as Indibook. The ...
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Opportunity India Desk Nov 09 2023 - 3 min readFinayo, an AI-enabled electric vehicle financing startup has joined hands with its strategic lending partners including Mufin Green Finance, Choice Finserve for projects INR 100 crore funds disbursement in FY2024. According to Finayo, it has already disbursed INR 20 crore and is planning to drive penetration of EVs in India. With INR ...
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Subhashis Kar Sep 22 2023 - 5 min readStartup financing is a tricky business, even in the best of times. Economic downturns can compound the difficulty, making access to capital hard and leading to questions about the sustainability of the startup ecosystem. When businesses experience economic downturns, one of the sectors that suffers most is startup financing. During recessionary times, venture ...
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Opportunity India Desk Aug 24 2023 - 3 min readOmega Seiki Mobility (OSM) has signed a Memorandum of Understanding (MoU) with Punjab National Bank (PNB) to help dealer partners streamline vehicle inventory funding and offer comprehensive retail financing solutions to their customers. As a testament to their commitment to promote sustainable mobility, Omega Seiki Mobility has successfully financed 8,000 electric vehicles, amounting to a ...
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Sahaj Chopra Nov 28 2022 - 3 min read2020 has been a difficult year for India's small and medium-sized enterprises (SMEs). Due to a lack of cash flow, many start-ups and small businesses have been unable to purchase critical supplies such as raw materials and spare parts. The overall drop in demand has made it impossible for SMEs to continue operating as usual. ...