CosmicTaco

FlexiLoans Secures INR 290 Cr to Boost MSME Lending

CosmicTaco · 2024-09-11T12:16:38.389245+05:30

- FlexiLoans has raised INR 290 Cr (around $34.5 Mn) in its Series C funding round from investors including Accion, Maj Invest, Nuveen, and Fundamentum. - The new funds will help FlexiLoans expand its product offerings and grow its business. - The fintech startup has disbursed over INR 7,000 Cr in loans across more than 2,100 towns and cities. - FlexiLoans plans to enter the supply chain financing market and partner with traditional corporate finance platforms. - Founded in 2016, FlexiLoans targets SMEs and underserved segments with quick and flexible loans. Source: [Inc42](https://inc42.com/buzz/flexiloans-bags-inr-290-cr-from-accion-others-to-boost-its-msme-lending-play/)

FlexiLoans has raised INR 290 Cr (around $34.5 Mn) in its Series C funding round from investors including Accion, Maj Invest, Nuveen, and Fundamentum.
The new funds will help FlexiLoans expand its product offerings and grow its business.
The fintech startup has disbursed over INR 7,000 Cr in loans across more than 2,100 towns and cities.
FlexiLoans plans to enter the supply chain financing market and partner with traditional corporate finance platforms.
Founded in 2016, FlexiLoans targets SMEs and underserved segments with quick and flexible loans.

Source: Inc42