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Secured lending NBFC Techfino secures Rs 65 crore funding

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Bengaluru-based non-banking finance company Techfino has raised Rs 65 crore in an equity funding round led by Stellaris Venture Partners and Saison Capital, which is the venture arm of Japanese consumer finance major Credit Saison.

Founded in 2019, Techfino had raised around Rs 18 crore till now from DCB Bank and others. Techfino was started by three senior bankers, Rajesh Panda, Ratikanta Satpathy and Jayaprakash Patra, who worked with the likes of Standard Chartered Bank, HDFC Bank, ICICI Bank and Bajaj Finance.

Techfino started with funding fees…

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