Liquidity Events
Paytm Group takes over complete ownership of CreditMate
Digital payments unicorn Paytm has now acquired a 100% stake in Mumbai-based Urja Money Pvt. Ltd., which provides a loan management system through its proprietary solution, CreditMate. CreditMate is a collection platform that helps lenders collect overdue payments from borrowers. Paytm had first invested in the startup In November 2017.
From the Venture Intelligence PE-VC Deal Database: In Oct-16, CreditMate had raised INR 3.4 crores from India Quotient.
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