1 min read.Updated: 16 Nov 2021, 12:14 PM ISTLivemint
The company plans to scale the offering to a ₹500 crore loan book in the next 12-18 months
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A significant chunk of India remains unpenetrated when it comes to access to credit. The covid-19 outbreak, however, has accelerated digitization, making people turn towards online lending platforms, driving more players into the BNPL (buy now, pay later) market.