Fintech firm Biz2Credit to invest $100 million dollars in India

• ByManjeet Singh     |    October 14, 2021

Over the next five years, Biz2Credit plans to invest USD 100 million in India on research and development as well as expanding operations.

The company further plans to strengthen its technology team by adding over 150 new employees in 2021 across various positions, including entry, mid-and senior-level positions.

 “We are delighted to see such massive growth in our business in India, this gives us the hope to further invest in Indian operations. Despite the uncertainties that two waves of the coronavirus pandemic unleashed, we have clocked a massive growth in the revenue with 15-plus new client wins and eyeing a greater leap in the next 10-12 months,” Biz2Credit CEO and co-founder Rohit Arora said in a statement.

“The investment will be spent mainly in R&D, operations, and building the workforce. The company is bringing a lot of new employment opportunities for the young graduates in the country in both technical and service-based roles,” Arora said.

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