Comfort Fincap Ltd — Important, 07-05-2026: Company Update

Comfort Fincap Limited has launched a new financial product, 'Easy Mobile Financing,' a consumer durable loan for smartphones. This fully digital offering, rolling out in Gujarat and Rajasthan, provides loan approvals in under five minutes. Traditionally focused on B2B financing, the company is now strategically expanding into retail consumer lending. This move taps into India's significant smartphone market, which ships 150-170 million units annually, with a total addressable market of approximately ₹200,000 Cr to ₹250,000 Cr per year. This diversifies CFL's portfolio and targets the fast-growing digital lending segment.