Sunshine Capital Ltd has informed exchanges that it is planning an expansion of services into the retail loan segment. In an exchange filing, the company said that it is exploring opportunities to offer home loans and education loans, particularly targeting Indian students aspiring to study abroad.
“By entering the retail loan segment, Sunshine Capital Ltd. aims to diversify its product offerings and cater to a broader customer base. The company is in the early stages of seeking partnerships with prestigious international universities, which would enhance its loan offerings and support students’ educational aspirations,” it said.
Sunshine Capital also said that it has become completely debt-free.
“The company has successfully raised funds through a preferential issue of equity shares, achieving a debt-free status, and is now poised for a dynamic phase of expansion,” Sunshine Capital said.
It is also considering investments in tech and AI startups. By investing in early-stage tech and AI startups, Sunshine Capital aims to be at the forefront of the AI revolution, fostering innovation and capturing growth opportunities in the tech sector.
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