Pavitra Pradip Walvekar was happy enough in his lucrative San Francisco employment. He was given a scholarship to pursue an MBA by Wells Fargo as a result of his performance as a credit manager. But in 2007, Pavitra made the decision to leave his work and scholarship in order to start his own business, and he went back to Pune. Regretfully, his initial attempt to provide SAT students with online instruction failed. The concept for Kudos Finance & Investments was conceived in 2009 when he observed the financial crisis among the manufacturers who had work orders from major players like Mercedes and Volkswagen.
A non-banking finance company called Kudos Finance and Investments lends money to small business owners in the MSME (Micro Small & Medium Enterprises) sector. After being granted a license as a Non-Banking Financial Institution in 2010, Pavitra operated the business for three years as a trial project. It provides loans under three categories: company loans (24 months), machinery loans (30–36 months), and short-term loans (1-6 months).
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Ad Detail: Pune-based Company Kudos Finance is helping MSMEs meet their financial requirements.
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