New Launch30 Apr 2026, 06:52 pm
Dhruva Capital pivots to AI-driven digital lending with NeoMoney
AI Summary
Dhruva Capital Services Ltd, an RBI-registered NBFC since 1994, is transforming into an AI-powered digital lending fintech leader. The company is launching its NeoMoney digital platform by April 2026, targeting India's underserved small-ticket credit market. NeoMoney will offer micro-credit from ₹500 to ₹5,000 with an average processing time of 5 minutes, leveraging advanced AI for instant underwriting and 24/7 access. This pivot combines three decades of financial expertise with fintech innovation to provide scalable, secure, and regulatory-compliant financial solutions nationwide.
Key Highlights
- Dhruva Capital pivots from legacy NBFC to AI-driven digital lending.
- NeoMoney digital platform launching by April 2026 for small-ticket credit.
- Offers micro-credit from ₹500-₹5,000 with 5-minute processing.
- Leverages AI for instant underwriting and 100% digital lending journey.
- Aims to serve underserved markets with scalable financial solutions.