Indian billionaire Azim Premji leads $105 million bet on AI small-business lender

Billionaires Africa | 22.10.2026 06:16
Indian billionaire Azim Premji's family office is leading an investment of up to ₹1,000 crore ($105 million) in Vegafin, a new lender that plans to use artificial intelligence to speed up loans to India's small businesses.