Global Capital Markets Ltd updates on association with GetVantage Tech Pvt Ltd

Global Capital Markets Ltd's association with GetVantage Tech Private Limited for disbursement/re-collection of loan using their tech tools is going well for the Company. The company has been able to successfully execute the business as per the agreed terms.

GetVantage was founded in 2019 by Bhavik Vasa and Amit Shrivastava. They are a niche fintech company whose approach is to empower ecommerce entrepreneurs. They have been able to raise a total of $40 million till date including debt lines with NBFC Partners. They raised $36 million in a growth round which was led by Varanium Nextgen fintech fund and DMI sparkle fund. It also included previous investors like Chiratae Ventures and Dream incubator Japan.

The company is committed to grow along with them in future and in association with them we will now focus on tech enabled online funding with the help of their tech embedded financial products, technology & infrastructure.

The Company is hopeful of growing its business in near future, with the help of technologies in its’ NBFC business with the help of expertize players like GetVantage.

Shares of GLOBAL CAPITAL MARKETS LTD. was last trading in BSE at Rs. 34.15 as compared to the previous close of Rs. 34.80. The total number of shares traded during the day was 217568 in over 556 trades.

The stock hit an intraday high of Rs. 36.45 and intraday low of 33.10. The net turnover during the day was Rs. 7439061.00.

Source : Equity Bulls

Keywords

GLOBALCAPITALMARKETS INE062C01034 GetVantageTech TechTools Loan Disbursement ReCollection