In Q1 FY2425, lendingplate disbursed ₹57 crores compared to ₹13 crores in Q1 FY2324 FY2425 projections are ₹500 crores loan disbursal, with 5X revenue growth than FY2324 New Delhi (India), August 10: Unifinz Capital India Limited (formerly known as Shree Worstex Limited), aka lendingplate, a pioneering digital lending NBFC, turned profitable for the first time ever in the first quarter (Q1) of the fiscal year 2024-25. lendingplate reported a consolidated profit before tax of Rs. 2.51 crores for the quarter ending June 2024, compared to a loss of Rs. 52 lakhs in the year-ago period. Revenue from operations for the Delhi-based NBFC…
Author: Arjun Singh
New Delhi (India), August 10: In a bid to strengthen economic ties and foster innovation, the Governor of New Mexico, Michelle Lujan Grisham, is currently visiting India to explore strategic partnerships with Indian higher education institutions, businesses, and government officials. The visit, which extends until August 10, highlights the growing economic synergy between India and the United States. As the U.S.-India relationship continues to flourish, the potential for business opportunities and investments between the two nations has never been greater. The collaboration between these global giants is poised to drive economic growth and innovation across various sectors, creating a win-win…