June 15

Pepper Group to Invest $150 Million Over 4 Years to Establish a Fintech Company in India

By Shubham Singh

Pepper Group, a global consumer finance company, announced on Monday that it will invest $150 million over the next four years to establish a fintech company in India. The fintech, under the Pepper Money brand, will be led by Abhishek Kothari, who previously co-founded FlexiLoans.

The company aims to hire a team of more than 200 people to deliver consumer finance products with a localised approach to the market

Photo courtesy of Adam Cohn.

Source: Business Today (link opens in a new window)

Finance, Investing, Technology
financial inclusion, fintech