Should Micro-Loans also be part of Vahdam Teas and Byju’s Tie-up?
Reference Article for this Blog Post - Vahdam Teas ties up with BYJU’S for digital learning of tea estate workers’ children @ https://www.financialexpress.com/industry/vahdam-teas-ties-up-with-byjus-for-digital-learning-of-tea-estate-workers-children/2092364/ Byju has tied up with multiple finance companies to enable parents to take loans for Byju’s courses. Capital Float and Bajaj Finance are amongst the well-known finance companies Byju has partnered with. Capital Float: Way back in 2017, Capital Float collaborated with India Stack started to disburse micro loans to kirana stores. The process is completely paperless with no human intervention. The loans are disbursed within90 seconds of the loan request. Algorithms drive the underwriting process. This means, Capital Float has the expertise in microloans . Only the target audience is bit different. Reference: Rs 3cr in 3 days and Rs 25,000 in 90 seconds, Capital Float is cutting out that troublesome wait for b...