Poonawalla Fincorp Launches 24/7 Digital MSME Loan

10 Jun 2025 CW Team

The solution is designed to meet the evolving credit needs of MSMEs across India’s Tier 1, 2, and 3 cities in sectors such as retail, services, manufacturing, and trade. Business Loan 24/7 operates on a Straight Through Processing (STP) model, offering a seamless, paperless experience that removes the need for physical documentation or branch visits. This fully digital journey ensures simplicity, speed, and security for self-employed professionals and small businesses.

PFL’s proprietary digital risk assessment framework integrates with India’s public digital infrastructure—including GST systems, credit bureaus, and account aggregators—to accurately assess borrower profiles using real-time financial data from credible sources. This strengthens credit evaluation beyond traditional metrics, enabling responsible and calibrated lending to high-potential enterprises.

Speaking on the launch, Mr. Arvind Kapil, MD & CEO of Poonawalla Fincorp, said: “India’s USD 4 trillion economy will see MSMEs as a key growth engine over the next decade. Our digital-first model, backed by robust financial infrastructure and analytics, will allow us to serve this segment effectively while managing risk. Business Loan 24/7 is a first-of-its-kind offering for good-quality MSMEs seeking convenient and credible access to finance.”

This launch follows the earlier success of PFL’s 24/7 digital loan offering for salaried professionals. With this new MSME-focused solution, PFL aims to build a competitive edge through technology-led lending and aims to steadily scale the product in a risk-calibrated manner over the next four to six quarters.

By integrating cutting-edge technology with its core lending strategy, PFL positions itself to become a leading provider of MSME finance in India, supporting entrepreneurs in scaling operations while upholding prudent credit practices.

Poonawalla Fincorp Limited (PFL), a non-banking financial company (NBFC) promoted by the Cyrus Poonawalla Group, has unveiled an industry-first digital lending solution—Business Loan 24/7—aimed at transforming credit access for India’s micro, small, and medium enterprises (MSMEs). This innovative offering leverages advanced risk analytics to deliver instant loan approvals with flexible repayment options, entirely through a digital platform.The solution is designed to meet the evolving credit needs of MSMEs across India’s Tier 1, 2, and 3 cities in sectors such as retail, services, manufacturing, and trade. Business Loan 24/7 operates on a Straight Through Processing (STP) model, offering a seamless, paperless experience that removes the need for physical documentation or branch visits. This fully digital journey ensures simplicity, speed, and security for self-employed professionals and small businesses.PFL’s proprietary digital risk assessment framework integrates with India’s public digital infrastructure—including GST systems, credit bureaus, and account aggregators—to accurately assess borrower profiles using real-time financial data from credible sources. This strengthens credit evaluation beyond traditional metrics, enabling responsible and calibrated lending to high-potential enterprises.Speaking on the launch, Mr. Arvind Kapil, MD & CEO of Poonawalla Fincorp, said: “India’s USD 4 trillion economy will see MSMEs as a key growth engine over the next decade. Our digital-first model, backed by robust financial infrastructure and analytics, will allow us to serve this segment effectively while managing risk. Business Loan 24/7 is a first-of-its-kind offering for good-quality MSMEs seeking convenient and credible access to finance.”This launch follows the earlier success of PFL’s 24/7 digital loan offering for salaried professionals. With this new MSME-focused solution, PFL aims to build a competitive edge through technology-led lending and aims to steadily scale the product in a risk-calibrated manner over the next four to six quarters.By integrating cutting-edge technology with its core lending strategy, PFL positions itself to become a leading provider of MSME finance in India, supporting entrepreneurs in scaling operations while upholding prudent credit practices.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..