Funding
Digital lending fintech Finnable raises Rs 250 crore from Z47, TVS Capital
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Digital lending startup Finnable has raised Rs 250 crore this August in a funding round led by Z47 (formerly Matrix Partners) and TVS Capital.
This is the company’s second tranche, with the first Rs 250 crore being infused by the same investors back in November 2024. Post this round, the total capital raised by the Bengaluru-based lending startup stands at Rs 540 crore. The MEMG family office, led by Ranjan Pai, has also invested in the company.
The firm plans to invest the fresh funds in technology, expand its branch network, and build new product…
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