Lending platform Biz2X crosses Rs 9,000 cr mark in loan disbursements

Quick Summary:

One of the company's key growth drivers is its AI-integrated digital lending platform, DigiKred, which plays a pivotal role in optimizing lending functions for Indian lenders.

The platform is expected to facilitate an additional Rs 5,000 crore in loan disbursements by the end of FY2025, further scaling the platform's reach and impact across the financial ecosystem, the company said in a release.

Biz2X, a digital lending SaaS platform and subsidiary of Biz2Credit, on Tuesday said it has surpassed Rs 9,000 crore mark in loan disbursements.

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Category: BusinessFinance

Markets: IndiaSaudi Arabia

Topics: Biz2credit Th company Shell Companies Banks (NEC) AI-driven technology Rohit Arora Technological infrastructure Co-founder and CEO DigiKred Artificial intelligence Software as a service United Arab Emirates Biz2X

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 15:59:21 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 317 words

Reading Time: 2 minutes read

Sentences: 11 lines

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Copyright Owner: © Business Standard

News ID: 23072363

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