Business Update9 Apr 2024, 10:26 pm
Paisalo Digital Ltd: Assets Under Management and Disbursements Surge by 32% and 38% Respectively
AI Summary
Paisalo Digital Ltd announced significant growth in its financial performance for the financial year ended March 31, 2024. Assets under management witnessed a 32% increase to INR 4,622 crore, while disbursements grew by 38% to INR 3,588 crore. The company also reported a 100% increase in eS Co-Lending Loan Disbursement, a 2.9x increase in customer base, and a expansion of its geographic footprint to 2,455 touch points.
Key Highlights
- Assets under management increased by 32% to INR 4,622 crore
- Disbursements grew by 38% to approximate INR 3,588 crore
- eS Co-Lending Loan Disbursement saw a 100% increase to approximately INR 1,128 crores
- Customer base expanded to 4.29 million from 1.50 million
- Geographic footprint grew to 2,455 touch points