CosmicTaco

CredRight Secures $10M to Empower Micro Enterprises

CosmicTaco · 2025-08-26T12:30:51.164993+05:30

- CredRight raised $10M in a Series B funding round to boost lending to India's smallest business owners. - Abler Nordic led the round, marking its first investment from Fund V, with support from Michael & Susan Dell Foundation. - The funds will help expand CredRight's loan book, improve technology, and extend services to smaller towns. - Abler Nordic is set to become the largest equity investor, aiming to scale operations and deepen impact. - CredRight's model gains investor confidence amidst industry challenges, highlighting its role in India's economic growth. Source: [YourStory](https://yourstory.com/2025/08/credright-raises-10m-in-series-b-led-by-abler-nordic)

CredRight raised $10M in a Series B funding round to boost lending to India's smallest business owners.
Abler Nordic led the round, marking its first investment from Fund V, with support from Michael & Susan Dell Foundation.
The funds will help expand CredRight's loan book, improve technology, and extend services to smaller towns.
Abler Nordic is set to become the largest equity investor, aiming to scale operations and deepen impact.
CredRight's model gains investor confidence amidst industry challenges, highlighting its role in India's economic growth.

Source: YourStory