- APN NEWS
Clix Group enters into Strategic Partnership with MSME Lending Platform Tezzract; to lend INR1000 cr
Clix Group (Clix Capi tal and Clix Finance), a leading non-banking financial services group with a strong pan-India presence, has entered into a strategic partnership with Tezzract Fintech Private Limited, to innovate and bring new age solutions for lending to MSMEs in India. Under this partnership Clix aims to lend an additional INR1000 crore to MSMEs by the end of this year.Through this partnership, both companies will build solutions to plug the significant challenges that MSMEs face in raising funding to grow and compete in an already difficult post-Covid environment. With the rising inflation and higher interest rate environment, this partnership aims to use significant data points to help small companies raise funds timely and at competitive rates.