Digital lending platform Clix Capital is aiming to disburse around Rs 5,000 crore this financial year with an increased focus on retail lending.

Doubling the amount this financial year, Clix Capital had disbursed Rs 2,220 crore in the pandemic hit 2020-21 and around Rs 4,000 crore in 2019-20.

Started by Anil Chawla, Clix Capital is a Gurugram-based NBFC working towards changing the way the lending business works – using technology & insightful innovation to make loans simpler, faster, easier and relevant for its consumers.

As per Anil Chawla, Clix Capital strives to bridge the credit gap in unserved and underserved segments such as new-to-credit customers and MSMEs.

Speaking on the development, Anil Chawla said,

“Towards this objective, we deploy cutting-edge technologies and insightful innovations in driving lending models responsive to the end-customers’ needs while significantly boosting financial inclusion. The company will continue its steady credit quality-led growth, focussing on the retail-lending segment.”

Anil Chawla added that the lending platform is in a position to disburse even Rs 6,000 crore, keeping in mind market conditions and if there is no other lockdown.

Presently, the Gurugram-based NBFC has a presence across 11 cities in the country. The platform envisions a deeper penetration in these markets with a focus on digital lending and expects to grow its retail business and reduce corporate exposure further in 2021-22.

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