Fundamentum had also led a major funding round in SME-focused lending platform Flexiloans last year. SMBC Asia Rising Fund is a fintech-focused investor backing prominent startups like Vayana, M2P Fintech, DPD Zero and others.
Speaking with ET, Rohit Garg, cofounder of Olyv (previously named Smartcoin), said the company will use half of the funds to capitalise the NBFC and the rest to grow the business…

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