EFEmerald Finance538882New partnership deal

Partners with Kandarp Digi Smart BPO to offer Early-Wage-Access program to employees

Emerald Finance has partnered with Kandarp Digi Smart BPO Limited, Uttar Pradesh, to offer its Early-Wage-Access program to the employees of the Company.

By ScoutQuest · Mon 26 Oct 2026, 4:15 PM IST · 1 min read

Partner

Kandarp Digi Smart BPO Limited, Uttar Pradesh

Program Name

Early-Wage-Access program

Product Mechanics

short-term salary advances, collected back through salary deduction

What was announced

• Emerald Finance has partnered with Kandarp Digi Smart BPO Limited, Uttar Pradesh, to offer its Early-Wage-Access program to the employees of the Company.
• The disclosure was made under Regulation 30 of the LODR Regulations, and the company describes it as a business update for information and records.

How the program is meant to work

• Employees get access to part of their salaries seamlessly throughout the month, which the update describes as instant financial relief.
• The product involves tying up with employers to offer short term loans as salary advance.
• The amount lent is then collected through salary deduction.

Why the company says it is doing this

• The company states it had been working on a salary advance solution in line with its vision to expand its offerings and to serve retail customers at large.

How to read this as an investor

• This is an update on a business tie-up and a new product line, not a financial results announcement.
• The mechanics described are simple: money is lent as a salary advance and recovered from the employee's salary. The lender's recovery therefore runs through the employer's payroll process, which is the arrangement described in the update.
• The update identifies the partner as Kandarp Digi Smart BPO Limited, Uttar Pradesh, and the program as Early-Wage-Access.

What the update tells you and what to track

• The disclosure sets out the partner, the program name and how the product works.
• For a lending product like this, the scale of the book, the customer base signed up and how recoveries perform over time are the things that would show up in later updates rather than in this intimation.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev