Finance

String Metaverse (Bio Green Papers, BSE: 534535) Reports Q1 FY25: Rs 50.02 Cr Revenue, Rs 5.38 Cr PAT

String Metaverse LTD, following its merger with Bio Green Papers Limited (BSE: 534535) as approved by the Honourable National Company Law Tribunal (NCLT) under the scheme of arrangement of the Insolvency and Bankruptcy Code (IBC), has reported robust financial results for the first quarter of FY 2025. The company achieved consolidated revenue of Rs 50.02 crores and a profit after…

Good Moneying Launches New Website to Empower Financial Wellness

Good Moneying, a trusted name in financial planning and wealth management, is excited to announce the launch of its website, https://www.goodmoneying.com/. Good Moneying is designed to provide users with easy access to comprehensive financial resources, expert advice, and personalized solutions to help them achieve their financial goals. With a mission to empower individuals to make informed financial decisions and build wealth…

4 AI-Powered Bank Statement Analyzers for MSME Lending

India has over 6.3 milion MSMEs, with an unmet credit gap of 120 billion USD. According to 2024 Trans Union CIBIL report, only 2.5 million MSMEs have access to formal credit. MSMEs have a high demand for loans under 1 Lakh also known as small ticket loans. The lending process for such loans is often mired by traditional credit underwriting…

Nxcar Leads Auto Fintech Innovation as the First Company to Introduce Loans for Peer-to-Peer Used Car Transactions

Gurgaon-based automotive fintech company, Nxcar, has launched an integrated platform for pre-owned car transactions in India. For the first time, individual customers can access loans, vehicle inspection, valuation, insurance, and RC transfer services, whether they are purchasing second-hand cars from individual sellers, dealers, or classified listings. With 7.2 million cars expected to be sold in 2024, the Indian second-hand car market…

Good Moneying Unveils New Initiatives to Empower Financial Wellness

Good Moneying financial solutions is a boutique financial planning firm, dedicated to fostering financial literacy and empowerment, proudly announces the launch of transformative initiatives aimed at enhancing individuals’ financial well-being. As part of its commitment to empowering people with the knowledge and tools to make informed financial decisions, Good Moneying introduces cutting-edge resources and educational content. The platform seeks to…

SMC Group strengthens product and engineering verticals; appoints Abhishek Chawla as Group Chief Product and Technology Officer

SMC Group, India’s leading financial services company, has announced the appointment of Abhishek Chawla as Group Chief Product and Technology Officer. Over the last one year, SMC has been scaling its technology and product verticals as it continues to invest in the powerful synergy of technology, innovation, and financial services. Abhishek’s appointment is part of this strategy to further enhance…

Announcement of Abhi Loans securing $4.5 million in funding

NBFC poised to help retail customers to get loans against mutual funds and shares within 24 hours. Karnataka, India – Abhi Loans, a digital lender affording loans on mutual funds and shares across India, has today announced that it has raised $4.5 million in funding for its operations. The funding will be used by the brand to rapidly grow its…