Tashwinder Singh, CEO and managing director, Niyogin Fintech said, “Our lending business recorded strong AUM growth during the quarter, driven by new partnerships and continued portfolio expansion. iServeU delivered solid year-on-year revenue growth supported by a stable order book, positioning us well to build further momentum in the coming quarters.”

The company’s current market capitalization is Rs 531.99 crore.

Niyogin Fintech caters to India’s underserved MSMEs and is a B2B company. It ties up with business correspondents, banks and neobanks/fintechs to offer banking as a service (BaaS) platforms, while it provides credit and other financial services through its financial professional network.