Digital banking startup Freo has acquired a 100% stake in credit marketplace IndiaLends, pending regulatory approvals. The move will combine Freo’s licences and product stack with IndiaLends’ marketplace distribution, targeting profitable growth at scale. Freo says the combined platform can serve over 5 crore users, with AI embedded across the stack, while both brands will operate independently.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
