Bengaluru: Financial software provider Perfios has raised Rs 520.8 crore (or roughly $70 million) in a new funding round led by existing investors Warbug Pincus and Bessemer India, according to regulatory filings accessed by ET.

The Bengaluru-based startup offers a software technology platform to financial institutions, helping them extract, aggregate and analyse financial data to improve credit assessment. In an extraordinary general meeting on February 10, the company also sought the board’s approval to raise Rs 300 crore (roughly $40 million) through issuance of non-convertible debentures. The proceeds of the funding will be used for financing the acquisition of other companies, capital expenditure, and working capital requirements, Perfios said in its regulatory filings.

Perfios Raises Rs 520 Crore From Warburg Pincus, Bessemer

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Perfios Raises Rs 520 Crore From Warburg Pincus, Bessemer

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