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The company plans to use the funding to upgrade its technology platform Bengaluru-based microcredit company SmartCoin Raised $ 2 Million in Pre-Series A Funding Round run by an undisclosed Chinese venture capital fund. Other participants in the cycle include Accion Venture Lab, US-based Unicorn India Ventures, and ISME ACE, a Mumbai-based FinTech accelerator. The company …

BENGALURU: Online lending startup Avail Finance has raised $ 17.2 million (around Rs 112 crore) in a Series A round from investors led by venture capital firm Matrix Partners. Ankit Bhatia and Bhavish Aggarwal from Ola, FreeCharge Founder Kunal Shah, Flipkart Co-Founder Binny Bansal and Mswipe Manish Patel Founder also participated in the round. The …

NEW DELHI: Jaipur-based Finova Capital, an NBFC lending to small businesses and service providers in small towns and rural areas, has raised $ 6 million from Sequoia India. The lender will use the funds raised to expand operations, invest in technology and acquire talent. The company had raised Series A from Sequoia India at the …