Chennai-based Lending Startup Cloudbankin Raises $400,000 Funding
Cloudbankin (formerly Habile Technologies), a Chennai-based SaaS startup, has raised $400,000 in a funding round from a host of investors, including Kube VC, Upekkha and angel investors Mohan Karuppiah (IppoPay), Ramanathan RV (Hyperface), and Mahendra Negi. As per the startup, the freshly raised funds will be used to expand its […]
Lending Startup KreditBee Raises Funding From Advent International
KreditBee, a Bengaluru-based fintech startup, has raised $100 million more in an extension of its Series D round in primary funding from private equity investor Advent International. As per the startup, the raised funds will be used to scale the existing business and diversify its product offering by venturing into […]
Lending Startup SarvaGram Raises $35 Million In Series C Funding
SarvaGram, a rural household-focused lending and distribution platform, has raised $35 million in a series C funding round. Led by Elevar Equity, the funding round also saw participation from Elevation Capital, Temasek, and TVS Capital Funds. As per the startup, the raised funds will be used to expand its distribution […]
Lending Startup Indifi Is Helping Small Business Grow By Offering Loans
With a significant contribution to the GDP, the MSME sector in India is growing fast. Their contribution cannot be neglected as MSMEs contribute 6.11% to the manufacturing GDP, 24.63% to the GDP from service activities and 33.4% to India’s manufacturing output, says Confederation of Indian Industry. Despite so much contribution […]