Seeds Fincap secures over Rs 100 Cr in Series B led by Michael & Susan Dell Foundation
Seeds Fincap Pvt Ltd, a non-baking financial company (NBFC) supporting small Indian businesses, has raised more than Rs 100 crore in its Series B funding round led by the Michael & Susan Dell Foundation.
Via YourStory
Existing investors Z47 and Lok Capital also joined the round along with Norinchukin Capital and Alteria Capital. Unitus Capital served as the main financial adviser for the deal.
The company said it plans to use the latest funding to open more physical branches, hire field workers, and upgrade its risk tracking tools as it expands further into rural and semi-urban towns.
The new cash boost comes at a key moment for Seeds, as the team sets its sights on reaching…
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