AI-Led Fintech Startup AbleCredit In Talks To Raise $5 Mn

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AI-led fintech startup AbleCredit is in talks to raise $5 Mn in its Series A funding round, sources told Inc42. 

The funding round will be led by a top Indian VC firm, the sources said, adding that existing investors Merak Venture and Venture Catalysts will also participate in the Series A round.

“They are in active discussions with a couple of tier I investors and a major strategic investor to participate in the round,” one of the sources said, without disclosing the names of the potential…



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AI-Led Fintech Startup AbleCredit In Talks To Raise $5 Mn


AI-led fintech startup AbleCredit is in talks to raise $5 Mn in its Series A funding round, sources told Inc42. 

The funding round will be led by a top Indian VC firm, the sources said, adding that existing investors Merak Venture and Venture Catalysts will also participate in the Series A round.

“They are in active discussions with a couple of tier I investors and a major strategic investor to participate in the round,” one of the sources said, without disclosing the names of the potential…



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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