A Big Boost for Credit Wise Capital
Mumbai-based non-banking financial company (NBFC) Credit Wise Capital (CWC) has just raised Rs 200 crore in a funding round led by Trident Growth Partners (TGP). This marks a major milestone for the fast-growing lender, which has carved out a niche in two-wheeler and micro-loans across India’s underserved markets.
With Rs 120 crore coming from TGP alone, this…
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…
Introduction
Northern Arc Capital, a prominent non-banking financial company (NBFC) based in Chennai, has successfully raised INR 229 crore (approximately $27.4 million) from a roster of leading anchor investors. This funding comes ahead of the company’s initial public offering (IPO), which is set to open for public subscription soon.
Anchor Investors and IPO Details
The anchor investors backing…
