Navadhan Nets INR 111 Cr To Offer Loans To Rural MSMEs

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SUMMARY

Led by NabVentures and Prime Ventures, the round also saw participation from LNB Group, Varanium NexGen Fintech Fund, Gemba Capital, Faad, VC-Grid and Anicut

The fresh proceeds will be utilised to fuel its business growth, enhance the tech stack, expand footprint and diversify loan offerings

Founded in 2019, Navadhan is an NBFC, which offers financial solutions to small businesses and microenterprises by connecting them to banks

Rural India-focussed fintech startup Navadhan has reportedly raised INR 111 Cr ($12.8 Mn)…



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Navadhan Nets INR 111 Cr To Offer Loans To Rural MSMEs


SUMMARY

Led by NabVentures and Prime Ventures, the round also saw participation from LNB Group, Varanium NexGen Fintech Fund, Gemba Capital, Faad, VC-Grid and Anicut

The fresh proceeds will be utilised to fuel its business growth, enhance the tech stack, expand footprint and diversify loan offerings

Founded in 2019, Navadhan is an NBFC, which offers financial solutions to small businesses and microenterprises by connecting them to banks

Rural India-focussed fintech startup Navadhan has reportedly raised INR 111 Cr ($12.8 Mn)…



Source link

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.

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