More than ₹100 crore in a Series B led by the Michael & Susan Dell Foundation, with Z47 and Lok Capital returning and Norinchukin Capital and Alteria Capital joining.
Assets under management reached ₹722 crore across 164 branches and 70,000-plus active borrowers, roughly ₹1 lakh per borrower despite a loan range that runs to ₹10 lakh.
For a lender, equity is the base that borrowing sits on. RBI rules limit leverage against capital, so this round supports several times its size in new loans on the way to a ₹1,000 crore target by…
Profitability in FY25 and FY26 is the strongest claim, made through a stressful period for small-ticket lending. Asset quality has not been disclosed, and a book that has more than doubled since mi…
A family foundation leading a Series B fits the economics. Lenders compound slowly and are valued on their books, which suits patient, mission-aligned capital better than venture-style exits.
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