Seeds Fincap, a Gurugram-based non-bank lender, raised $8.5m in a funding round led by Lok Capital and Matrix Partners India.
Seeds Fincap, a Gurugram-based non-bank lender, raised $8.5m in a funding round led by Lok Capital and Matrix Partners India. The company plans to use the funds to expand branch network, enhance tech infrastructure, and bolster lending capabilities, targeting the underserved MSME sector. Since its inception in 2021, Seeds Fincap has provided over Rs 600 crore in loans to over 50,000 clients.
July 17, 2024
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