GrowXCD Finance raises Rs 200 Cr led by Blue Earth Capital

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GrowXCD Finance, a startup lender to small businesses, has raised Rs 200 crore from Blue Earth Capital and Prosus Ventures. Blue Earth Capital led the round with Rs 105 crore, while Prosus invested Rs 70 crore.

This is GrowXCD’s second equity raise this year. In January, it secured Rs 50 crore from Lok Capital and UC Impower. Lok Capital, which first invested in November 2023, increased its stake with Rs 21 crore, while UC Impower contributed Rs 4 crore. Lok Capital’s cumulative investment in GrowXCD now stands at about Rs 93 crore, making it the…



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GrowXCD Finance raises Rs 200 Cr led by Blue Earth Capital


GrowXCD Finance, a startup lender to small businesses, has raised Rs 200 crore from Blue Earth Capital and Prosus Ventures. Blue Earth Capital led the round with Rs 105 crore, while Prosus invested Rs 70 crore.

This is GrowXCD’s second equity raise this year. In January, it secured Rs 50 crore from Lok Capital and UC Impower. Lok Capital, which first invested in November 2023, increased its stake with Rs 21 crore, while UC Impower contributed Rs 4 crore. Lok Capital’s cumulative investment in GrowXCD now stands at about Rs 93 crore, making it the…



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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