StartupsInc42about 2 hours ago
The Lendbox Puzzle, Turtlemint's IPO & More
6 min read
Transactree's Per Annum platform faces scrutiny for allegedly promising high returns of 14-15% on P2P products and 30-40% on fractional real estate, violating RBI's 2024 P2P lending rules. Transactree's operating revenues dropped 35% to ₹275 Cr in FY25, with net profit at ₹4.8 Cr. Lendbox's ₹10,000 Cr AUM claim appears inconsistent with its ₹4.5 Cr investor payout.
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