Clix Capital raised Rs 220 crore in an equity funding round led by Apollo Global Management, Pramod Bhasin, and Anil Chawla to enhance its lending capabilities across various sectors.

Aug 01, 2024•over 1 year ago

Amount Raised

₹220

GurugramBankingLendingFintechFinanceFinancial Services

Investors

Anil ChawlaPramod BhasinApollo Global Management

Description

Clix Capital has successfully secured Rs 220 crore in funding from its existing investors, focusing on strengthening its lending in MSME, education, and healthcare sectors. This funding is crucial for the company to leverage new-age technologies and expand its operations.

Company Information

Company

Clix Capital

Location

Gurugram, Haryana, India

About

Clix Capital is a non-banking finance company that focuses on providing financing solutions to underserved MSMEs across India. The company, which was formerly known as GE Money Financial Services, aims to strengthen its lending capabilities in various sectors, including education and healthcare. Clix Capital has a significant presence across India, with over 1,000 employees and operations in more than 2,100 pin codes. Their assets under management exceed Rs 6,000 crore.

Related People

2 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends