10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
FinTech

Neo Asset Marks First Close Of Second Private Credit Fund At INR 2,000 Cr


SUMMARY

The Neo Special Credit Opportunities Fund-II (NSCOF II) is targeting a total corpus of INR 5,000 Cr from high-net-worth individuals (HNIs) and multiple family offices.

The fund is a SEBI-registered Category II AIF aimed at providing credit solutions to EBITDA-positive companies. 

Neo’s first private credit, Neo Special Credit Opportunities Fund-I, was closed at INR 2,575 Cr in June 2024

Fintech Neo Group’s asset management arm, Neo Asset Management, has marked the first close of its second flagship private…



Source link

by Tech In Asia

Standard Chartered will provide transaction banking and financial market services for DeCard, including cardholder top-up processing. Source link

by Tech In Asia

Strategy shares rose 3.2% in premarket trading after bitcoin’s price climbed back above US$106,000. Source link

by Tech In Asia

Since its launch in 2024, OneLot has issued over US$7 million in loans to more than 150 dealers. Source link