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.