SME FinanceAskMe Group Hosts Finclave 2016 – A New Milestone in SME Financing

India’s leading online search platform and one of the largest digital marketplaces for SMEs, AskMe Group, successfully hosted  Finclave 2016* in Gurgaon. The event showcased AskmeFin, a new initiative designed to meet the growing financial needs of SMEs through a suite of loan offerings and digital support.

Key Highlights of the Event:

✔️ Deep-dive into SME finance and e-commerce convergence
✔️ Introduction of financing options under AskmeFin
✔️ Networking with lending partners and future strategy discussions

Words from the Leadership:

Mr. Sudeep Gupta, Head – AskmePay:

“AskMe Group has spent over three decades building a strong ecosystem for SMEs in India. With more than 14 million SMEs on our platform, we deeply understand their needs. Access to hassle-free finance is a major bottleneck, and we are uniquely positioned to bridge this gap through our digital-first approach.”

Mr. Pawan Lohia, CEO – AskmeFin:

“Finclave brought all our lending partners and sellers together under one roof. The goal was clarity, transparency, and a shared vision of mutual benefit. We are committed to offering simple, accessible, and fast financing solutions.”

Loan Offerings:

Loan Amounts: Rs.50,000 to crore
Tenure: 15 days to 6 months
Lending Partners: Mahindra Finance, Bajaj Finserv, Capital Float, Religare, SMEBank.in, Mandii.com

These loans are aimed at all SMEs regardless of size and will help both online and offline sellers grow without being constrained by capital limitations.

ProficiaNXT Takeaway

SME financing is evolving moving beyond traditional banking into agile, digital-first ecosystems. AskMe Group’s Finclave 2016 clearly set the tone for the future. Platforms like ProficiaNXT can play a vital role in supporting SMEs by creating similar ecosystems of opportunity, finance, and growth.

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