The fresh capital will be used by Jeff App to continue its aggressive expansion into new markets, with India being the next target. 

The fund will support and invest in social entrepreneurs working in the fields of agriculture, financial inclusion, supply chain and mobility, with the aim of solving social issues in India through business.

Axis Bank and Piramal Finance's recent partnership aims to boost financial inclusion for underserved borrowers, facilitate easier access to credit for MSMEs to foster business growth.

The Reserve Bank of India (RBI) on Friday said it has come across instances of micro lenders and non-bank financiers charging high, 'usurious' interest rates on small-value loans, reminding them to judiciously use their pricing power. 

By streamlining cross-border payments and reducing reliance on third-party currencies, initiatives like these promote financial inclusion and stability. 

Oikocredit, alongside Z3 Partners and with the participation of British International Investment, has led a $39 million equity investment in Altum Credo to bolster affordable housing finance in India.

The capital will be used in funding expansion to new geographies and existing ones along with new product lines.

In India, rural fintech emerges as a compelling solution, leveraging technology to extend financial inclusion to the country’s vast rural population.

The $125 billion influx signifies the unwavering commitment and support of the Indian diaspora to their families and communities.

This app will enable consumers from both metropolitan and non-metropolitan areas to have continuous digital access to avail and manage products & solutions in a secure, streamlined, and simple manner.