WestBridge Capital leads $52m investment in online lending platform Biz2Credit

WestBridge Capital leads $52m investment in online lending platform Biz2Credit

Photo: Reuters

WestBridge Capital, a private equity firm that typically focuses on investing in Indian public listed companies, has led an investment of Rs 360 crore (around $52 million) in online lending platform Biz2Credit Inc, according to an announcement.

This marks the Series B funding round for the NYC-based online lending platform that will be used to spruce up its marketplace lending business, besides supporting its expansion of Biz2X, the state-of-the-art digital lending platform for banks and financial institutions.

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