Bonjour, new guests from small-town India
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Swarna Pragati Housing Microfinance, a Chennai-based housing finance company, has raised ₹50 crore in debt funding from State Bank of India. The firm will use the funds to grow its loan portfolio and strengthening presence in the rural affordable housing market.
The latest funding follows a 2015 Series B funding round from Zephyr Peacock, Omidyar Network, Aavishkaar Ventures, and Asha Impact.
“The affordable housing market presents an unprecedented opportunity in India right now for the rural housing credit market,” said Ramesh Kumar, Chairman and Managing Director of Swarna Pragati.
“With the help of State Bank of India and our others funders, we’re redefining an industry by putting the needs of the consumer at the centre of what we do, helping thousands of families reach their full potential.”
To date, the company has provided more than ₹170 crore in housing finance to more than 17,000 borrowers across Maharashtra, Odisha, Karnataka, Tamil Nadu and West Bengal, among other States.
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Citroen’s first vehicle sports a novel design and European interiors. It is also meant to be as comfortable as ...
The pandemic is only the tip of the iceberg that the country’s cash-poor airlines — both regional and national ...
The government is yet to specify the framework of its recently announced old vehicle scrappage policy
Here is a checklist that equips you to discern the market nuances
Sensex, Nifty 50 have witnessed sharp decline
The fund has consistently outperformed S&P BSE 100 TRI over one, three and five years
Returns are superior to immediate annuity plans, but SCSS can secure better rates for new investors sooner if ...
With the public looking beyond mainstream media for reports from the ground, independent digital platforms are ...
A book on Badri Narayan is a tribute — albeit a belated one — to an artist who did not enjoy the recognition ...
The country hasn’t had a quiet moment since the military seized power on February 1
The Tatmadaw sees itself as an embodiment of the nationalist soul of Myanmar. But their brand of nationalism ...
Its name is the starting point of a brand’s journey and can make a big difference in the success sweepstakes
Sober spirits are the in thing
A peek into where ad spends went last year and where they are headed tomorrow
Can Swiggy Instamart disrupt the ecommerce groceries space, currently ruled by the Amazons and Big Baskets? ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor