Purple Finance Ltd — Updates, 14-08-2025: Company Update

Purple Finance Limited's Board has approved the development of an in-house Loan Origination System (LOS) software with Techbulls SoftTech Private Limited. This project, costing approximately INR 0.85 Cr plus taxes, is expected to be completed in about nine months. This strategic move aims to significantly enhance the company's operational control and efficiency, allowing for quicker adoption of new technologies. This investment in technology is crucial for Purple Finance's future growth and competitive edge.