Credit offered through OptaCredit is typically in Rs1-2 lakh range for an average tenure of two years. Ltd, a digital lending start-up focusing on white-collar salaried workers, on Sunday said it has secured a credit line of $4 million from DMI Finance Pvt. DMI Finance is the first external financier to OptaCredit. Set up in 2008 and backed by the promoters of Dabur India Ltd, DMI Finance focuses on corporate lending, housing finance, consumer finance and asset management. Credit offered through OptaCredit is typically in Rs1-2 lakh range for an average tenure of two years.

Source: Mint January 21, 2018 17:48 UTC