September 22, 2022

September 22, 2022
Latest News

Light Microfinance raises ₹196 crore in Series B funding round

Light Microfinance was founded in 2009 and is headquartered in Ahmedabad and has operations across Gujarat, Rajasthan, Madhya Pradesh and Haryana. The funding was led by British International Investment (BII), UK’s Development Finance Institution (DFI) and Impact investor. The company’s …

September 22, 2022
Latest News

British International Investment and others to pump in $25 million in Light Microfinance

British International Investment, the development financial institution of the UK government, will be investing $9.2 million in the NBFC-MFI. In parallel, NMI will raise its holding by another $7.9 million investment while Triple Jump will put in $5.4 million and …

Name of the Partner	PayNearby
LSP Name	Nearby Technologies Pvt. Ltd.
Nature of Services Provided	Customer Acquisition, Collection Assistance
Types of Product	Unsecured
Interest Rate	Up to 35% per annum
Relationship Start Date	Oct 2023
Arrangement Status	Active
Grievance Redressal Mechanism	Email: vijay.pendurkar@paynearby.in Phone: +91 98332 57729 Nearby Technologies Pvt. Ltd., 1AB, Arena House,Road No. 12, MIDC, Andheri (East),Mumbai – 400 093
Link for Lodging Complaint	PayNearby App
Partner’s Privacy Policy	https://paynearby.in/wp-content/uploads/2023/11/Data-Privacy-Policy.pdf

Name of the Partner	MAKSPay
LSP Name	MAKSPay Fintech Solutions Private Limited
Nature of Services Provided	Lending Service Provider
Types of Product	Unsecured Business Loan
Interest Rate	Up to 38% Per Annum
Relationship Start Date	Dec 2024
Arrangement Status	Active
Grievance Redressal Mechanism	Mrs Kavitha Palancha Designation : Principal Nodal Officer THub, Plot No 1/C, Sy No 83/1, Raidurgam panmaktha Hyderabad Knowledge City, Serilingampally, Hyderabad, Telangana 500081 IN Reach out to us at: nodal.officer@pehchanpe.com
Link for Lodging Complaint	www.pehchanpe.com/contact
Partner’s Privacy Policy	makspay.com/privacy-policy

Name of the Partner	Rapipay
LSP Name	Rapipay Fintech Private Limited
Nature of Services Provided	Lending Service Provider
Types of Product	Unsecured Business Loan
Interest Rate	Up to 38% Per Annum
Relationship Start Date	Sept 2023
Arrangement Status	Active
Grievance Redressal Mechanism	Mr. Nripendra Pandey lendingofficer@rapipay.com +91 7304199000 RapiPay Fintech Pvt. Ltd, A-8, 7&8th Floor (Q-Tower), Sector-68, Noida – 201309
Link for Lodging Complaint	in.rapipay.com/contact-us/
Partner’s Privacy Policy	app.rapimoney.com/#/privacy-policy

Name of the Partner	CredIN
LSP Name	Upkram Technologies Pvt. Ltd
Nature of Services Provided	Lender Service Provider
Types of Product	Unsecured Dairy Loan
Interest Rate	30%
Relationship Start Date	October 2024
Arrangement Status	Active
Grievance Redressal Mechanism	Contact No : +919879015554 help@credin.in Office 3-4, 3rd Floor, Riyaplex, 80, Urmi Society, Above TJSB Bank, Akota BPC Road, Vadodara, Gujarat 390020
Link for Lodging Complaint	credin.in/contact-us/
Partner’s Privacy Policy	credin.in/privacy-policy

Name	Catalyst Trusteeship Limited
Address	910-911,9th Floor, Kailash Building, 26, Kasturba Gandhi Marg, New Delhi –110001
Phone	011-43029101
Fax	+91 22 4922 0505

Name	Beacon Trusteeship Limited
Address	7A & B, Siddhivinayak Chambers, Gandhi Nagar, Opp. MIG Cricket Club, Bandra (East), Mumbai 400 051
Phone	022-46060278

Name of the Partner	Pay1
LSP Name	MINDSARRAY NETWORK PRIVATE LIMITED
Nature of Services Provided	Customer Acquisition, Collection Assistance
Types of Product	Unsecured
Interest Rate	Up to 36% per annum
Relationship Start Date	Sept 2023
Arrangement Status	Active
Grievance Redressal Mechanism	Ms. Shreegeeta Rai compliance@pay1.in Mindsarray Network Private Limited 221, Raheja’s Metroplex (IJIMIMA), Link Road, Malad West, Mumbai – 400064
Link for Lodging Complaint	Pay1 App download
Partner’s Privacy Policy	https://www.pay1.in/privacy-policy

Name of the Partner	IppoPay
LSP Name	IppoPay Technologies Pvt Ltd
Nature of Services Provided	Customer Acquisition, Collection Assistance
Types of Product	Unsecured
Interest Rate	Up to 36% per annum
Relationship Start Date	March 2023
Arrangement Status	Active
Grievance Redressal Mechanism	FOR CUSTOMER SUPPORT +91 75030 60603 info@ippopay.com B20, 2nd Floor, SKCL Excellence,Guindy Industrial Estate, Chennai, Tamil Nadu – 600032, India.
Link for Lodging Complaint	https://www.ippopay.com/contact
Partner’s Privacy Policy	https://www.ippopay.com/privacy-policy

September 22, 2022

Light Microfinance raises ₹196 crore in Series B funding round

British International Investment and others to pump in $25 million in Light Microfinance

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