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prasad | barfblog

prasad | barfblog
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At least 170 people take ill after consuming prasad in India

At least 170 people take ill after consuming prasad in India
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Education loans facilitator Credenc receives $25 mn from Capital India

July 19, 2021 @ 10:13 pm By Priyanka Pani Capital India, a financial conglomerate, has invested USD 25 million in a mix of equity & debt in Credenc, a fintech-focused on education loans. With this investment, Credenc is looking to build a loan book of $400 million by 2025.  The New Delhi-based Credenc, founded by Avinash Kumar and Mayank Batheja in 2017, works as the digital finance desk for 1000+ colleges across 17 cities in India. S K Narvar, promoter of Capital India, said, “The annual spend on college fees in India is around $50 billion of which organized lenders finance only 5%. With Credenc, Capital India intends to change the segment perception and reduce underwriting risk basis Credenc’s future employability score. Also, the founders will continue to run operations for Credenc as we would not want to disrupt the organization’s working and believe they know the business best.”

Markets to open weak but may see buying at lower levels - The Hindu BusinessLine

Markets to open weak but may see buying at lower levels - The Hindu BusinessLine
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Capital India Finance invests USD 25 mn in education fin-tech platform - Credenc

Capital India Finance invests USD 25 mn in education fin-tech platform - Credenc
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