Fintech Startup Credit Fair Gets $15 Million In Seed Funding
07/15/21, 8:42 AM
Location
Money raised
$15 million
Round Type
seed
New Delhi: Credit Fair, a consumer-lending fintech startup, has raised $15 million (about Rs 111.7 crore) in a seed funding round led by angel investors Anand Ladsariya and Alok Agarwal of Striver Capital Advisors.
Company Info
Location
delhi, delhi, india
Additional Info
The fintech startup will use the capital—a mix of equity and debt—to build its technology team, enhance underwriting models, and expand into Tier II and III cities to scale its assets under management (AUM).Founded in 2018, the business-to-business-to-consumer startup offers lending solutions to both businesses and private individuals. The company will also use the funding to scale by expanding merchant partnerships.