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Mumbai: Reliance Group Chairman Anil Dhirubhai Ambani (ADAG) Anil Ambani said on Monday that he would no longer participate in any lending activity. “As part of the transformation process, Reliance Capital has decided that it will not participate in any of the lending activities,” Ambani told shareholders at the company’s annual general meeting (AGM) in …

Julo, a peer-to-peer lending platform in Indonesia, said on Wednesday it has increased its $ 5 million Series A raise to $ 15 million as it seeks to expand its business in the key market of South East Asia. The $ 10 million Round A2 round for the Jakarta-based startup was led by Quona Capital, …