27
Aug
#VeritasFinance #IPOUpdate #MSMEs #NBFC #USIndiaTrade #MarketSentiment #FinancialInclusion #SMECredit #CapitalMarkets #EconomicOutlook Mumbai:Veritas Finance Pvt. Ltd., a non-banking finance company (NBFC) specializing in lending to micro, small, and medium enterprises (MSMEs), has decided to postpone its much-anticipated ₹2,800-crore Initial Public Offering (IPO), citing adverse market sentiment triggered by recent US tariff hikes. The move underscores the vulnerability of India’s MSME-focused lenders to global trade disruptions and rising economic uncertainties. Background: Veritas Finance’s Growth Story Founded in 2015 and headquartered in Chennai, Veritas Finance has built a niche lending model around small entrepreneurs, traders, transport operators, and low-income households. The company provides: Working…
