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Finodaya Bags $2.5 Mn To Offer Loans To Small Businesses

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SUMMARY

Finodaya received its NBFC licence from the Reserve Bank of India (RBI) last week

The new investment will fuel the company’s vision to “ work towards building a fair, transparent, and customer-first NBFC.”

Founded by former ICICI Bank executives Neeraj Biyani, Abhitabh Dixit and Lokendra Tomar, Finodaya Capital aims to provide secured loans to small businesses by leveraging data analytics

Non-banking financial company (NBFC) Finodaya Capital has raised $2.5 Mn…

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