US online lender Kabbage eyes to enter India market to tap digital space

SoftBank-backed firm which has helped its small business customers access over $6 billion in funding is aiming to make Bengaluru as its second headquarter

Sensing a huge opportunity in the digital payment space in the country, US-based online lending platform Kabbage is looking at entering to India market. The SoftBank-backed startup which has helped its small business customers access over $6 billion in funding so far has already set up an office and a ‘global data science centre’ in Bengaluru which it wants to ramp up further. 

The Atlanta-headquartered company which has raised total around $1.6 billion in funding so far, plans to almost double its employee strength at its Bengaluru centre to 125 by the end of this year. It has 350 people at