GetVantage secures NBFC licence– A fintech platform offering alternative financing solutions GetVantage received an NBFC licence from the Reserve Bank of India (RBI). GetVantage lending operations will be governed or controlled by its NBFC subsidiary, GetGrowth Capital. it is looking for raising a total of ₹200 crore to expand its lending operations, with ₹50 crore already invested by backers such as Chiratae Ventures, InCred and Sony and DI.
- The founder & CEO of GetVantage Mr Bhavik Vasa said that The NBFC licence reinforces our commitment to providing innovative and accessible financing solutions to the emerging SME sector in India.
- It will help in enabling us to accelerate our growth trajectory, expand our reach and offer more value to our customers, He said further.
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