FlexiLoans Bags INR 290 Cr From Accion, Others To Boost Its MSME Lending Play

FlexiLoans Bags INR 290 Cr From Accion, Others To Boost Its MSME Lending Play

SUMMARY

FlexiLoans has raised INR 290 Cr (around $34.5 Mn) as a part of its Series C funding round from a clutch of investors, including Accion, Maj Invest, Nuveen and Fundamentum

The fresh infusion will help the NBFC to further fuel its growth, increase product stack and grow its businesses

So far, the fintech startup claims to have disbursed over INR 7,000 Cr in loans across over 2,100 towns and cities

Non banking financial company (NBFC) Flexiloans has raised INR 290 Cr (around $34.5 Mn) as a part of its Series C funding round from a clutch of investors, including Accion, Maj Invest, Nuveen and Fundamentum.

Cofounder Deepak Jain told Inc42 that the fresh infusion will help the NBFC to further fuel its growth, increase product stack and grow its businesses.

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