Saarathi Finance Adopts FinnOne Neo For Digital Lending

20 Aug 2025 CW Team

Noida, 19 August 2025 – Saarathi Finance, a next-generation greenfield non-banking financial company (NBFC), has chosen Nucleus Software’s FinnOne Neo®, a digital lending platform, to power its digital-first approach to loan origination, management, and collections. The move will accelerate Saarathi’s mission to bridge the credit gap faced by micro, small and medium enterprises (MSMEs) in semi-urban and rural India through a cloud-ready, API-driven stack offering agility, security, intelligence, and compliance with lending regulations.

Backed by leading investors including TVS Capital Funds, Lok Capital, Evolvence Equity Partners, and Paragon Partners, Saarathi Finance has raised Rs 4.75 billion to fund its mission. The company will deploy Nucleus Software’s end-to-end lending suite – including customer acquisition, loan management, collections, and mobility solutions – to manage its loan against property and unsecured loan offerings. Typical loan sizes range from Rs 50,000–0.3 million for unsecured lending and Rs 0.5–2.5 million for MSME borrowers.

Founder and CEO Vivek Bansal stated that Saarathi’s goal is to transform MSME lending by ensuring speed, precision, and regulatory compliance, reducing service time for customers. Nucleus Software’s CEO and Executive Director, Parag Bhise, emphasised that FinnOne Neo® will enable Saarathi to scale rapidly while remaining agile and customer-focused, laying the foundation for a more inclusive digital lending ecosystem.

This collaboration positions Saarathi Finance to deliver intelligent, real-time lending experiences and highlights Nucleus Software’s role in empowering digital-first NBFCs with scalable, ecosystem-ready solutions.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..