Solar loans-focussed ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/non-banking-finance-company” target=”_blank”>non-banking finance company (NBFC) ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/metafin” target=”_blank”>Metafin has raised $10 million in a mix of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/equity-and-debt-funding” target=”_blank”>equity and debt funding, led by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/vertex-ventures” target=”_blank”>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 rel=”dofollow” href=”https://economictimes.indiatimes.com/au-small-finance-bank-ltd/stocks/companyid-66288.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>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 ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/sandeep-chopra” target=”_blank”>Sandeep Chopra…
