Clix Group, the pan-India non-banking financial services group, has teamed up with Tezzract Fintech Private Limited intending to jointly disburse ₹10 billion to MSMEs during the current financial year ending on 31st March 2023. Tezzract will provide the proprietary technology to help analyze relevant data points to decide eligibility for fund disbursement. The duo will also strive to develop an MSME liability marketplace during the next 15 months in a bid to bring the lending institutions and MSMEs on a common platform, which will make the entire lending process seamless while also reducing the transactional costs.
