Digital Lending Platform Propelld Raised Over $25 Million Through Debt Raising
Propelld, an education-focused lending platform, recently secured $25 million in debt funding for its wholly-owned non-banking financial company (NBFC) subsidiary, Edgro. This substantial funding was raised from nine prominent lenders, including Credit Saison…
Jaipur-Based Namdev Finvest Secures $15 Million in Series B Round, To Ramp Up Its Offerings for MSMEs
Namdev Finvest Private Limited, a Jaipur-based non-banking financial company (NBFC), has made headlines by raising $15 million in its Series B funding round co-led by British International Investment (BII), Incofin…
Sugmya Finance Raises Rs 100 Crore In Debt Funding, Enters Mathura
Sugmya Finance, an NBFC catering to women-led communities in rural and semi-urban India, has raised Rs 100 crore in debt funding from an undisclosed set of investors. Founded in 2019,…
Light Microfinance Raises Rs 196 Cr In Series B Round
Micro-finance institution Light Microfinance has raised Rs 196 crore in a Series B round of funding led by British International Investment, the UK’s development finance institution and impact investor. Existing…
Finova Capital Raises $65 Million Led by Norwest Venture Partners, Others
Finova Capital, a Jaipur-based MSME focussed NBFC, has raised $65 million from Norwest Venture Partners, Maj Invest, and Faering Capital. As per the startup, the raised funds will be used…
Vivriti Capital Raises $55 Million In Series C Funding Round
Vivriti Capital, a Chennai-headquartered non-bank lender, has raised $55 million in a Series C funding round from returning investors Lightrock India and impact investment management company Creation Investments Capital Management.…
NBFC Moneyboxx Finance Raises Rs 10Cr From Caspian, BlackSoil, And Others
BSE listed NBFC Moneyboxx Finance Ltd (MBFL) has raised Rs 10 crore from three NBFCs — Caspian Impact Investments, BlackSoil Capital, and Ashv Finance Pvt Ltd. Moneyboxx plans to use…
Digital Payments Platform Google Pay Partners With Digital Lending Startup ZestMoney
To add lending to its payment business, digital payments platform Google Pay has partnered with digital lending startup ZestMoney. Google Pay has also joined hands with other digital lenders and…