Assiduus Global Raises United States Dollar 25 mn in Pre-Series B

25 Mar 2026 CW Team

Assiduus Global, a financial technology firm, has raised United States dollar 25 mn in a pre-Series B round led by Bajaj Finserv.

The funds will be used to scale its lending orchestration platform and to deepen integrations with lending partners. Management intends to allocate the capital to expand engineering and product teams and to enhance data and risk analytics capabilities. Priority will be given to platform robustness, automation of underwriting workflows and improvements to customer onboarding journeys.

The company will also pursue partnerships with banks and non-bank financial companies to broaden distribution and service offerings. These measures are expected to shorten time to credit decisioning and to increase the range of lending options available through the platform. Digital credit intermediation and technology driven loan origination remain areas of active investment as lenders modernise underwriting and distribution.

Platforms that can orchestrate multiple lender relationships and standardise data flows seek to lower acquisition costs and improve borrower experience. The fresh capital positions the firm to capitalise on the shift toward embedded finance and to respond to evolving compliance and regulatory requirements. Company leadership indicated that the proceeds from the USD 25 mn round will be deployed to support hiring, technology upgrades and market expansion while maintaining focus on risk management.

Technology

14 Apr 2026

India Data Centre Market to Cross USD 22 Bn by 2030: Vestian

India’s data centre market is projected to more than double from around USD 10 billion in 2025 to USD 22 billion by 2030, according to a latest report by Vestian. The growth is expected to be driven by rising cloud adoption, expanding AI workloads and increasing demand for data-intensive digital services.Vestian noted that the global data centre sector is witnessing rapid expansion, with current installed capacity estimated at 40–50 GW and projections exceeding 100 GW by 2030. Within this evolving landscape, India is emerging as a strategic hub in the Asia-Pacific region, supported by its ..

Retail Leasing Hits 4.3 Mn Sq Ft in H2 2025: ANAROCK RELEAP 2026

India’s retail real estate market recorded a total retail absorption of around 4.3 million sq ft across the top seven cities in H2 2025, reflecting steady leasing activity despite a dynamic market environment, according to ANAROCK Retail’s flagship report, RELEAP 2026.The report highlights a structural shift in the sector as organised retail moves beyond transactional formats toward experience-led spaces that combine shopping, entertainment and dining. Apparel emerged as the leading category driving leasing demand during the period, followed by entertainment, hypermarkets/supermarkets, and..

Berger Paints Launches ‘Garmi Gone, Thandak On’ Cooling Range

Berger Paints India has launched its Home Cooling Paints Range along with a nationwide campaign titled ‘Garmi Gone, Thandak On’, as rising temperatures continue to pose growing challenges for households across India.The company said the campaign promotes smarter and energy-efficient cooling solutions by focusing on preventing heat from entering homes rather than relying solely on air conditioning. Berger Paints stated that a significant amount of heat enters homes through walls, rooftops and structural openings, making surface protection an important factor in reducing indoor discomfort du..