Home-grown platform for online loans and credit cards RupeeQ aims to treble digital loan disbursements portfolio to Rs 300 crore by 2027 on the back of government's push towards high-speed internet services in semi-urban and rural areas. Talking to PTI, Neeru Puri, Managing Director and Chief Financial Officer of RupeeQ, said, "It is estimated that total value of digital lending business in India will exceed USD 1 trillion over next 5 years. At RupeeQ, we expect to treble our loan disbursement portfolio by 2027, while in fiscal 2023-24 we clocked about Rs 100 crore." According to reports, India shall have 900 million active internet users by 2025, while 56 per cent of all new internet users will be from rural areas, and 65 per cent of new internet users will be female. Puri opined that the government's push on digitalisation and penetration of high-speed internet even in semi-urban and rural areas will help the company materialise its goal. Puri said the digital lending space in Read The Rest at :