Apollo Finvest - Scalable business run by motivated promoters

Please excuse my silly questions. Am new to fintech space and trying to understand Apollo from basics. Would be great if someone could please answer.

What is meant by other fintechs using their NBFC license? How does this work exactly?

What about not competing?

Am really confused about -

1 How exactly does capital as a service work?

2 Who does Apollo lend to?

3 What is meant by other fintechs using their NBFC license?

1 Like

Study upstart. As far as i can tell apollo finvest is trying to copy it in india

1 Like

Does anyone know why the revenues are going down every quarter?
Quarterly presentation does not have any information

2 Likes

Anynews about concall

In my opinion, their revenue is impacted by new VC backed fintechs coming up. RBI stringent guidelines and VC money drying leading to lower revenues.
Disclosure: Not invested, tracking.

1 Like

Hi, any update about the company