Tech
NBFC Seeds Fincap raises Rs 50 crore funding in round led by Z47, Lok Capital
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Gurugram-based non-banking financial company (NBFC) Seeds Fincap has raised Rs 50 crore in a funding round led by existing investors Z47 and Lok Capital.
New investors Norinchukin Capital and Alteria Capital joined the round, which has taken place ahead of the company’s planned Series B fundraise.
Seeds Fincap focuses on providing credit to underserved micro, small, and medium enterprises (MSMEs) across India, using technology to reach customers and monitor its portfolio.
The NBFC closed FY25 profitably, disbursing over Rs 1,000 crore in loans. The…
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