Startup Central: FincFriends, a personal loans app startup recently raised $7.8 million in a mix of debt and equity, in a strategic round led by InCred Finance and Grow Money Capital. This followed the NBFC’s previous equity funding of $3.5 million from Cyprus-based DFI last year. The company will use the fund for the expansion of its product portfolio and also to expand in emerging markets.
On this edition of StartUp Central, Avanne Dubash caught up with Ajay Chaurasia, Vice-President of RupeeRedee. FincFriends is an NBFC arm of the Digital lending platform RupeeRedee. Listen to this conversation.
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