Madhya Pradesh-based non-banking financial company ( ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nbfc” target=”_blank”>NBFC) ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/finodaya-capital” target=”_blank”>Finodaya Capital has raised $2.5 million in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/seed-funding” target=”_blank”>seed funding led by venture capital fund ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/white-venture-capital” target=”_blank”>White Venture Capital, at a post money valuation of Rs 50 crore.
The round also saw participation from early-stage investor Gemba Capital and several angel investors.
White Venture Capital is a fintech-focused fund set up by Pine Labs CEO Amrish Rau, Jupiter CEO Jitendra Gupta, and angel investor Sweta Rau. While ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/amrish-rau” target=”_blank”>Amrish Rau and Gupta are limited partners and advisors to the fund, Sweta Rau serves as its general…
