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US online lender Kabbage eyes to enter India market to tap digital space

SoftBank-backed firm which has helped its small business customers access over $6 billion in funding is aiming to make Bengaluru as its second headquarter

Topics
Kabbage  |  Digital Payment  |  Bengaluru

Peerzada Abrar  |  Bengaluru 

Sensing a huge opportunity in the digital payment space in the country, US-based online lending platform Kabbage is looking at entering to India market.

The SoftBank-backed startup which has helped its small business customers access over $6 billion in funding so far has already set up an office and a ‘global data science centre’ in Bengaluru which it wants to ramp up further. The Atlanta-headquartered company which has raised total around $1.6 billion in funding so far, plans to almost double its employee strength at its Bengaluru centre to 125 by the end of this year. ...

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First Published: Fri, January 25 2019. 20:19 IST
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