Indifi Technologies partners Suvidhaa Infoserve

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Press Trust of India New Delhi
Last Updated : Jul 27 2016 | 4:07 PM IST
Indifi Technologies, an enabler for SME funding in India, has partnered Suvidhaa Infoserve, a service commerce platform, to assist retailers with access to working capital.
The first phase of this partnership will benefit Suvidhaa's 90,000 channel partner-base to manage operations better and enhance efficiency, a joint statement said.
These channel partners include general merchants, domestic remittance distributors, small kirana shops, mom-and-pop mobile recharge shops and tours and travel agents.
Indifi Technologies will expand formal credit facility to these small enterprises. The loan size range from Rs 50,000 to Rs 7,00,000 with the average being Rs 1,50,000.
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nexGTv partners Sab group to boost regional content offering * Subscription-led video entertainment app nexGTv has tied up with media firm Sab Group to boost its regional content offering.
As a part of the alliance, nexGTv has acquired worldwide digital rights to broadcast most of the group's regional channels such as Masti, Dabang, Dhamaal, Maiboli and Dillagi for its users across the globe, the company said in a statement today.
"We are confident that the latest addition will enhance our regional offering and add greater value to the mobile viewing experience of our users by providing them with seamless access to locally relevant video-based entertainment content," nexGTv Chief Operating Officer Abhesh Verma said.
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Square Plums raises Rs 3 cr from Indian Angel Network * Shared accommodations startup Square Plums has raised an initial seed funding of Rs 3 crore from Indian Angel Network.
The funding round has been led by experienced entrepreneurs and Indian Angel Network lead investors VGN Prakash, Amitabh Shrivastava, Krishna Jha and Ravindra Krishnappa, IAN said in a statement.
Square Plums's founders are professionals with expertise in consumer Internet and hospitality industry.
The technology built by Square Plums enables users to easily search for fully furnished homes in locations of their choice and match them with other like-minded individuals who can share the home with them.
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First Published: Jul 27 2016 | 4:07 PM IST

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