{"id":13150,"date":"2022-01-04T15:35:24","date_gmt":"2022-01-04T10:05:24","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-cashe-funds\/"},"modified":"2022-01-04T15:43:38","modified_gmt":"2022-01-04T10:13:38","slug":"biz-cashe-funds","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-cashe-funds\/","title":{"rendered":"CASHe raises Rs 140 cr in equity funding from TSLC Pte"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1961248468\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Mumbai, Jan 4 (PTI) Digital lending platform CASHe on Tuesday said it has raised Rs 140 crore of equity funding from its Singapore-based holding company TSLC Pte Ltd.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-374869012\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>With this fresh capital, the company will continue to boost its profitability, enhance its existing product lines such as personal loans, BNPL (Buy Now Pay Later), credit line and embedded card business, a release said.<\/p>\n<p>\u00a0\u00a0 \tIt aims to launch new offerings in WealthTech and ramp up its investments in operations, product development, data sciences, and technology, it said.<\/p>\n<p>\u201cWe have set our goals to become a full-stack, credit-led financial wellness platform of choice for the millennial and Gen Z cohort. The new capital infusion reflects a meaningful maturity level of CASHe&#8217;s balance sheet, profitability and business model,\u201d CASHe Founder Chairman V Raman Kumar said.<\/p><div class=\"trade-content_5\" id=\"trade-163584289\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>The company seeks to expand its loan book to Rs 3,000 crore and upscale its user base to 1 million from the current 4 lakh customers in FY 2022-23, the release said.<\/p>\n<p>\u00a0\u00a0 It has disbursed over Rs 1,000 crore worth of loans in nine months of this fiscal year and is all set to disburse over Rs 1,400 crore in FY 21-22.<\/p>\n<p>\u00a0\u00a0\u00a0 The latest round of capital infusion strengthens the Mumbai-headquartered fintech company&#8217;s balance sheet size to over Rs 800 crore, which constitutes about Rs 300 crore in equity and over Rs 500 crore raised through debt from a well-diversified pool of leading private banks and reputed NBFCs, the release said. PTI HV  RUJ RUJ<\/p>\n<div class=\"trade-after-content\" id=\"trade-3464408261\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Mumbai, Jan 4 (PTI) Digital lending platform CASHe on Tuesday said it has raised Rs 140 crore of equity funding from its Singapore-based holding company TSLC Pte Ltd. With this fresh capital, the company will continue to boost its profitability, enhance its existing product lines such as personal loans, BNPL (Buy Now Pay Later), credit [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-13150","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CASHe raises Rs 140 cr in equity funding from TSLC Pte - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-cashe-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CASHe raises Rs 140 cr in equity funding from TSLC Pte\" \/>\n<meta property=\"og:description\" content=\"Mumbai, Jan 4 (PTI) Digital lending platform CASHe on Tuesday said it has raised Rs 140 crore of equity funding from its Singapore-based holding company TSLC Pte Ltd. 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