New Launch7 Jan 2026, 12:43 pm
IRIS Peridot Simplifies Business Loan Access for MSMEs
AI Summary
IRIS RegTech Solutions Limited is commencing a pilot for enabling business loans on its MSME-facing platform, IRIS Peridot. This pilot will allow eligible Micro, Small and Medium Enterprises (MSMEs) to initiate loan applications through IRIS Peridot, with the loan process being undertaken by IRIS’s lending partners. The app has been enhanced to support the proposed pilot for facilitating business loans to small businesses. The pilot will begin with a limited set of users and selected lending partners.
Key Highlights
- IRIS RegTech Solutions Limited is launching a pilot for enabling business loans on its MSME-facing platform, IRIS Peridot.
- Eligible MSMEs can initiate loan applications through IRIS Peridot, with the loan process being undertaken by IRIS’s lending partners.
- The IRIS Peridot app has been enhanced to support the proposed pilot for facilitating business loans to small businesses.
- The pilot will begin with a limited set of users and selected lending partners.
- IRIS RegTech Solutions Limited is working with two lending partners and has signed MoUs with multiple State Governments to support MSMEs with digital tools and data-driven services.