Delhi-based technology-driven lending marketplace – Progcap has announced the appointment of Ashish Gupta as the Chief Product & Technology Officer. Backed by Sequoia Capital and Tiger Global Management, Progcap provides financing capital for underserved micro and small businesses in India. An alumnus of IIT Delhi, Ashish Gupta has spearheaded several C-Level Tech roles with stints…
The Goldman Sachs Group, Inc. and GreenSky, Inc. have announced that they have entered into a definitive agreement pursuant to which Goldman Sachs will acquire GreenSky, a fintech platform for home improvement consumer loan originations, in an all-stock transaction valued at approximately $2.24 billion. “We have been clear in our aspiration for Marcus to become…
Fintech platform 4Fin has announced that it has raised $1.1 million in pre-seed funding round through Curesense Therapeutics Amit Tewary and Ajit Sinha, co-founders of 4Fin, commented, “We are creating a completely new category of services in the lending space. Any person in Bharat with a smartphone can access loans now. We will deliver unmatched…
Easiloan.com, India’s AI-enabled fintech solution for home loans has raised its maiden round of INR 80 million from Tomorrow Capital. The start-up aims to utilize these funds for building further on their digital-only product, customer acquisition channels and activating new markets. Pramod Kathuria, Co-founder and CEO, Easiloan said, “Innovation in lending technology has sparked a…