Indian finance conglomerate Capital India Finance said that its subsidiary — Capital India Home Loans Limited has acquired Credenc Web Technologies, an education lending fintech company, for an undisclosed price. Credenc Web Technologies has a paid-up share capital of INR 3,40,850. The company had a turnover of INR 61.5 lakhs for the financial year 2020-21. […]
Capital India Financial Limited (CIFL), an Indian finance conglomerate, has invested $25 million in education lending fintech platform Credenc to add another business to its portfolio. The investment, which will be made in mixed equity and debt, is said to align with Capital India’s objective to make digital financial products and services available to customers […]
