Credgenics

Credgenics said the acquisition will help it use Arrise’s pan-India network, expand to 18,000+ pincodes, and move toward becoming a full-stack collections solutions provider. Arrise will continue under its current leadership for at least five years.

Credgenics, has received an unknown amount of investment from Beams Fintech Fund, a growth-stage fintech fund, in its $50 million.

Credgenics, a company providing SaaS for debt collection, secured $50 million in a Series B fundraising round. Accel, Tanglin Ventures, Beams Fintech Fund, Westbridge Capital, and other strategic investors served as the round's primary organisers.