CredRight, a Hyderabad-based NBFC focused on nano and micro enterprises, has raised $10 million in Series B funding led by Abler Nordic, which marked its first investment from its new Fund V.
Existing backers Michael & Susan Dell Foundation and Unleash Capital also participated, while Abler Nordic has now emerged as the company’s largest equity investor.
Earlier in August 2023, CredRight had raised around $9.7 million led by the Michael & Susan Dell Foundation and others.
The new proceeds will be used to expand CredRight’s loan book, strengthen…

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