AbleCredit raises $1.25Mn seed funding led by Merak Ventures to close credit gap in emerging nations using AI
AbleCredit raises $1.25Mn seed funding led by Merak Ventures to close credit gap in emerging nations using AI
05/28/24, 5:55 AM
Location
bengaluruMoney raised
$1.25 million
Industry
information technology
Round Type
seed
Investors
Helios Holdings (Suraj Nalin), Venture Catalysts, Merak Ventures
AbleCredit, an AI credit underwriting company, has raised a seed round of $1.25Mn led by Merak Ventures, with participation from Venture Catalysts and Helios Holdings (Suraj Nalin). The investment will enable the startup to scale its AI operations, along with business growth and expansion.