Solar-focussed NBFC Metafin raises $10 million in round led by Vertex Ventures SEA & India

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Solar loans-focussed non-banking finance company (NBFC) Metafin has raised $10 million in a mix of equity and debt funding, led by Vertex Ventures Southeast Asia and India.Existing investors Prime Venture Partners and Varanium Capital also participated in the Series A round, along with financial institutions Northern Arc and AU Small Finance Bank.

The fresh capital will be used to deepen Metafin’s presence in existing markets, expand into new states, and strengthen its technology, credit, and service infrastructure.

Founded in 2019 by Sandeep Chopra



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Solar-focussed NBFC Metafin raises $10 million in round led by Vertex Ventures SEA & India


Solar loans-focussed non-banking finance company (NBFC) Metafin has raised $10 million in a mix of equity and debt funding, led by Vertex Ventures Southeast Asia and India.Existing investors Prime Venture Partners and Varanium Capital also participated in the Series A round, along with financial institutions Northern Arc and AU Small Finance Bank.

The fresh capital will be used to deepen Metafin’s presence in existing markets, expand into new states, and strengthen its technology, credit, and service infrastructure.

Founded in 2019 by Sandeep Chopra



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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