Radian Finserv Aims to Secure 120 Crore Funding for Expansion to Empower MSMEs 

Share via:

Radian Finserv, the RBI-approved gold loan Non-Banking Financial Company (NBFC), is setting its sights on a substantial expansion in  different states, with a primary goal of empowering Micro, Small, and Medium Enterprises (MSMEs). In a strategic move to bolster its presence in underserved regions, the company is actively seeking funding of ~INR 120 cr. in funding to fuel this endeavor.

Radian Finserv, recently secured a substantial USD 1.3 million in funding from close associates and family members. This investment reflects their strong belief in the company’s vision and growth prospects. With a robust growth trajectory and a clear vision of promoting financial inclusivity, Radian Finserv aims to become a catalyst for economic development in the heart of India. The infusion of funds will play a pivotal role in broadening their reach and enhancing their service offerings to cater to the unique needs of MSMEs in rural and semi-urban areas.

Sumit Sharma, the founder of Radian Finserv, stated, “Our commitment to empowering the backbone of our economy, the MSME sector, remains unwavering. The proposed funding will enable us to bridge financial gaps, offer competitive solutions, and drive inclusive growth, thus contributing significantly to the country’s economic prosperity.”

This strategic move solidifies Radian Finserv’s dedication to financial inclusion, fostering entrepreneurship, and facilitating economic resilience in India’s thriving MSME landscape. The company invites potential investors and partners to join hands in this transformative journey toward a financially empowered India.

About Radian Finserv:

Radian Finserv is an RBI approved loan non-banking financial company (NBFC) headquartered in Bengaluru. Radian currently offers gold loan services through customer doorstep services and dedicated 36 branches across six states.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

Popular

More Like this

Radian Finserv Aims to Secure 120 Crore Funding for Expansion to Empower MSMEs 

Radian Finserv, the RBI-approved gold loan Non-Banking Financial Company (NBFC), is setting its sights on a substantial expansion in  different states, with a primary goal of empowering Micro, Small, and Medium Enterprises (MSMEs). In a strategic move to bolster its presence in underserved regions, the company is actively seeking funding of ~INR 120 cr. in funding to fuel this endeavor.

Radian Finserv, recently secured a substantial USD 1.3 million in funding from close associates and family members. This investment reflects their strong belief in the company’s vision and growth prospects. With a robust growth trajectory and a clear vision of promoting financial inclusivity, Radian Finserv aims to become a catalyst for economic development in the heart of India. The infusion of funds will play a pivotal role in broadening their reach and enhancing their service offerings to cater to the unique needs of MSMEs in rural and semi-urban areas.

Sumit Sharma, the founder of Radian Finserv, stated, “Our commitment to empowering the backbone of our economy, the MSME sector, remains unwavering. The proposed funding will enable us to bridge financial gaps, offer competitive solutions, and drive inclusive growth, thus contributing significantly to the country’s economic prosperity.”

This strategic move solidifies Radian Finserv’s dedication to financial inclusion, fostering entrepreneurship, and facilitating economic resilience in India’s thriving MSME landscape. The company invites potential investors and partners to join hands in this transformative journey toward a financially empowered India.

About Radian Finserv:

Radian Finserv is an RBI approved loan non-banking financial company (NBFC) headquartered in Bengaluru. Radian currently offers gold loan services through customer doorstep services and dedicated 36 branches across six states.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

More like this

China’s $47B semiconductor fund puts chip sovereignty front and...

China has closed a third state-backed investment fund...

AI models have favorite numbers, because they think they’re...

AI models are always surprising us, not just...

Apple’s WWDC opportunity: how iOS 18 can make AI...

AI is everywhere. Tech companies not talking about...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!