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Eqaro Guarantees, India’s first financial guarantees platform, today announced its collaboration with Maxemo Capital, an NBFC-ND company that aims to provide customized MSME loans and working capital financing for targeted industries and markets. The partnership marks a pivotal moment in the real estate landscape, empowering co-living operators with access to short-term liquidity. The co-living sector has been on a steep growth trajectory in India. It also requires the operator to ma...
Eqaro Guarantees partners with Maxemo Capital to empower India`s co-living sector
Eqaro Guarantees, a technology led financial guarantees company, announced its partnership with Rent Ok, a super app for residential renting that enables you to advertise your property, schedule visits, complete tenant KYC, rent agreement and police verification, automate rent collection and accounting. The partnership will enable zero-deposit homes to young professionals and students across the country. Over the next decade, an estimated 300 million Indians will migrate to the t...
Eqaro partners with RentOk to make property renting easy
“ The Q3 GDP growth rate falling is a surprise development. The effects of the pandemic are fast fading and growth was expected to pick up the pace. Q3 was also the quarter of the festive season, so high consumption normally pushes up the demand. Negative growth in construction space is worrying, despite heavy public spending by the government. The slowdown in the growth rate reflects the absence of private spending. A rise in inflation and energy prices will likely put pressure an...
Perspective on Q3 GDP Data by Mr. Vikash Khandelwal, CEO, Eqaro Guarantees
Below is Perspective on RBI`s MPC announcement by Mr. Vikash Khandelwal, CEO, Eqaro Guarantees After a Capex-heavy Union budget, the RBI has stayed the development course by maintaining the status quo. While the expectations were on the hawkish side, the unchanged repo rate and policy stance are welcome. The special dispensation for the contact-oriented segment will be a further boost. The RBI not considering the rising inflation as a worrying factor has provided sup...
Perspective on RBI`s MPC announcement by Mr. Vikash Khandelwal, Eqaro Guarantees
By Mr. Vikash Khandelwal, CEO, Eqaro Guarantees, A Surety Solutions provider. “The Surety Insurance sector could not have asked for a better start to the year. The IRDA released the final guidelines in January. The FM today announced in the budget that the Surety bonds will replace the traditional bank guarantees applicable for government projects. This addresses the issue of acceptance of surety bonds. Reforms in public procurement & timely payments are other big positives....
The Surety Insurance sector could not have asked for a better start to the year - Mr. Vikash Khandelwal, Eqaro Guarantees.
Below is perspective on IRDAI (Surety Insurance Contracts) Guidelines, 2022 By Mr. Vikash Khandelwal, CEO, Eqaro Guarantees “ The issuance of final guidelines for surety insurance by the IRDA is a landmark event that will herald a new era in the underwriting of construction-related risks and provide much-needed relief to the infrastructure sector. The norms will help regulate/develop Surety as a business in India which otherwise is an accepted norm in the wes...
Perspective on IRDAI - Surety Insurance Contracts Guidelines, 2022 By Mr. Vikash Khandelwal, Eqaro Guarantees
Below is perspective on Year end 2021 By Mr. Vikash Khandelwal, CEO, Eqaro Guarantees “2021 saw early signs of acceptance for Surety bonds in India. Sureties have witnessed increasing levels of adoption across industries which include automobile companies, NBFCs, equipment manufacturers, commodity companies, etc. Rental Guarantees was also launched for the very first time this year. The landlords welcomed the idea of letting out their property to credit assessed a...
Perspective on Year end 2021 By Mr. Vikash Khandelwal, Eqaro Guarantees
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