Pune based

The capital infusion will be directed towards repaying existing debt, settling overdue amounts, and funding capital expenditures, as well as boosting sales and marketing efforts.

The Pune-based platform aims to deploy the raised funds to expand its current offerings and extend its market reach to Africa and Southeast Asia.

The Pune-based platform aims to use the proceeds from the current fund raise to achieve AUM growth by further enhancing its distribution network and expanding its operational footprint.

The funding will allow the Pune-based platform to scale up MSME credit, rooftop solar financing, and microloan-against-property (LAP) businesses.