India · 23 October 2026

Premji Invest, Norwest, Lok Capital to invest up to ₹1,000 cr in Vegafin AI lending platform

Premji Invest, Norwest and Lok Capital plan to invest up to ₹1,000 crore in Vegafin Capital, which will acquire a majority stake in NBFC Bizloan and build an AI‑led underwriting, digital workflow and data‑based credit assessment platform for MSMEs; Bizloan manages over ₹235 cr AUM across five states.

Why it matters

Benchmark AI‑driven underwriting against Vegafin’s approach to improve loan decision speed.

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Read at Analytics India Magazine

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Premji Invest, Norwest, Lok Capital to invest up to ₹1,000 cr in Vegafin AI lending platform

Get this every morning, written for your product.

Premji Invest, Norwest, Lok Capital to invest up to ₹1,000 cr in Vegafin AI lending platform