Spice Digital has exited Luharia, the operator of online lending marketplace AnyTimeLoan, having invested late last year.
Spice Digital, the mobile services subsidiary of telecommunications device producer Spice Mobility, has sold its stake in Luharia Technologies, the India-based owner of peer-to-peer lending platform AnyTimeLoan.in, VCCircle has reported.
AnyTimeLoan is an online platform where users can access business, educational or personal loans, getting the money from the platform’s investors, who can get a 3% monthly return from their capital.
Spice Digital agreed in December 2017 to buy $2m in compulsorily convertible preference shares in the company that…
