mPokket raised $60 million in a debt capital to meet the growing credit demand from its 24 million registered customer base in India.
Mar 09, 2024•over 1 year ago
Amount Raised
$60 Million
New DelhiLendingFintechFinancial ServicesInvestors
Bpea Credit
Description
Digital lending platform mPokket raised up to Rs 500 crore (around $60 million) in debt capital from BPEA Credit’s private credit platform to meet the growing credit demand from its 24 million registered customer base and accelerate product development in the career accelerator and insurance verticals.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech