Adani’s Super App Begins Digital Lending Pilots with Fintechs, NBFCs

• Adani One, the super app of Adani Group, has started pilots with digital lending firms and non-banking financial companies (NBFCs) to offer loans on its platform.
• The app, housed under Adani Enterprise Limited’s digital arm, Adani Digital Labs, has partnered with KrazyBee Services, the NBFC arm of fintech firm KreditBee, to provide personal loans.
• Adani Digital will act as a lending service provider (LSP), with personal loans ranging from Rs 1,000 to Rs 5 lakh being extended from KrazyBee’s books.
• The company is also exploring mid-sized deals in the fintech space to enhance the app’s digital presence and expand its user base.
• More tie-ups with other NBFCs and fintech players are underway to offer a broader range of credit products to customers.

Source: Moneycontrol