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Smaller cities are now emerging as the sector’s next growth frontier.
Currently, it operates as a lending service provider, distributing loans through partner lenders.
The investment confirms an earlier DealStreetAsia report that said the two sides were in talks.
People
The order relates to a $150m loan from QIA to Byju’s Singapore-based investment firm.
Venture Capital
The firm invests in startups from pre-Series A to Series B stages.
Private Credit
The fund will focus on performing credit opportunities across sectors
Climate Tech & ESG
The trust will target an initial raise of about $838.16 million to $1.05 billion.
The platform, F2A, is targeting a corpus of Rs 2,000 crore.
Zepto is expected to raise as much as $1 billion.