Startup

Chennai’s Mahaveer Finance Just Raised Rs 200 Crore — Here’s How They’re Planning to Disrupt India’s NBFC Scene

Mahaveer Finance Bags Rs 200 Crore Funding to Supercharge Growth and Digital Push In a landmark moment for Chennai’s NBFC sector, Mahaveer Finance has raised a massive Rs 200 crore in equity funding led by Elevation Capital, marking its first venture capital round since launching over 40 years ago. This fresh capital injection comes as the company eyes big expansion plans, aiming to…
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Startup

Techfino Raises Rs 65 Crore to Supercharge MSME Lending in Rural India — Plans to Double Branch Network and Workforce

NBFC Techfino Bags Fresh Capital to Expand MSME Lending in Tier 2 & 3 India Bengaluru-based Techfino, a non-banking financial company (NBFC), has raised Rs 65 crore in equity funding in a round led by Stellaris Venture Partners and Saison Capital, the venture arm of Tokyo-listed Credit Saison. Founded in 2019, the fintech-focused lender will use the new capital to expand its branch-led secured…
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