img

FlexiLoans Secures INR 290 Cr to Boost MSME Lending

- FlexiLoans has raised INR 290 Cr (around $34.5 Mn) in its Series C funding round from investors including Accion, Maj Invest, Nuveen, and Fundamentum. - The new funds will help FlexiLoans expand its product offerings and grow its business. - The fintech startup has disbursed over INR 7,000 Cr in loans across more than 2,100 towns and cities. - FlexiLoans plans to enter the supply chain financing market and partner with traditional corporate finance platforms. - Founded in 2016, FlexiLoans targets SMEs and underserved segments with quick and flexible loans. Source: [Inc42](https://inc42.com/buzz/flexiloans-bags-inr-290-cr-from-accion-others-to-boost-its-msme-lending-play/)

img
Sign in to a Grapevine account for the full experience.