Over Rs 4,000 Cr planned to lend by Clix Capital in FY 2022-23

• ByStartupStory     |    March 7, 2022

On Monday, Clix Capital Services, a Gurugram- company, is a digital-lending NBFC, has announced that in FY 2022-23, it will disburse more than Rs 4,000 crore. It also announced that since its rechristening from GE Capital five years ago, the company has crossed the Rs 15,000 crore disbursement milestone.

The servicing of individual borrowers and MSMEs, and giving up of over 50 lakh loans to date has been claimed by Clix Capital. A majority of the company’s disbursements which have received about 48 percent of these funds have gone to MSMEs. 

In the next fiscal, the NBFC is well on its course to disburse over Rs 4,000 crore, with a month-on-month targeted disbursal rate of more than Rs 350 crore.

Rakesh Kaul, CEO of Clix Capital said that their vision is to simplify lending and enabling financial inclusion for all people. Till date, they have succeeded in this mission by touching over 50 lakh customer lives in this long run.

A proprietary AI and data analytics-enabled underwriting model for segmentation and due diligence to determine customer eligibility within minutes has been followed by the startup. Personal loans, MSME loans, healthcare loans, and mortgage finance has been offered by the company at a range of lending products to a varied spectrum of customers across the MSME and consumer segment

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