BusinessPhoto: Mint CompaniesPremji Invest, Norwest, Lok Capital Back Vegafin's ₹1,000 Crore Investment
Premji Invest, Norwest, and Lok Capital are investing up to ₹1,000 crore in Vegafin, an AI-driven MSME lending platform founded by ICICI Bank veteran Bijith Bhaskar. Part of the funds acquired a majority stake in Gurugram-based NBFC Bizloan, specializing in secured MSME loans. The rest will support platform development and expansion, aiming to address India's ₹30 trillion MSME credit gap with AI-driven underwriting and digital workflows.
Mint Companies··Gurugram




