NBFC Finodaya Capital raises $2.5 million from White Venture Capital, others

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Madhya Pradesh-based non-banking financial company (NBFC) Finodaya Capital has raised $2.5 million in seed funding led by venture capital fund White Venture Capital, at a post money valuation of Rs 50 crore.

The round also saw participation from early-stage investor Gemba Capital and several angel investors.

White Venture Capital is a fintech-focused fund set up by Pine Labs CEO Amrish Rau, Jupiter CEO Jitendra Gupta, and angel investor Sweta Rau. While Amrish Rau and Gupta are limited partners and advisors to the fund, Sweta Rau serves as its general…



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NBFC Finodaya Capital raises $2.5 million from White Venture Capital, others


Madhya Pradesh-based non-banking financial company (NBFC) Finodaya Capital has raised $2.5 million in seed funding led by venture capital fund White Venture Capital, at a post money valuation of Rs 50 crore.

The round also saw participation from early-stage investor Gemba Capital and several angel investors.

White Venture Capital is a fintech-focused fund set up by Pine Labs CEO Amrish Rau, Jupiter CEO Jitendra Gupta, and angel investor Sweta Rau. While Amrish Rau and Gupta are limited partners and advisors to the fund, Sweta Rau serves as its general…



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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