Electronica Finance secures $48 million in Series-B funding led by LeapFrog Investments to strengthen the company’s balance sheet and provide the foundation for another phase of rapid expansion.
Amount Raised
$48 Million
Round Type
Venture
PuneFinancial ServicesFinanceLendingInvestors
Description
Electronica Finance Limited (EFL) secured $48 million in Series-B funding led by LeapFrog Investments, with participation from Aavishkaar Capital. The funds will strengthen the company’s balance sheet and provide the foundation for another phase of rapid expansion.
Quick answer
Electronica Finance Limited raised $48 Million in a funding round, dated April 4, 2024. Investors: Aavishkaar Capital and Leap Frog Investments. Electronica Finance Limited is based in Pune, Maharashtra, India.
- How much did Electronica Finance Limited raise?
- Electronica Finance Limited raised $48 Million in a funding round on April 4, 2024.
- Who invested in Electronica Finance Limited?
- Aavishkaar Capital and Leap Frog Investments are named as investors in this round.
- What does Electronica Finance Limited do?
- Electronica Finance Limited (EFL) is one of the leading Non-Banking Finance Companies (NBFC) with 200+ branches across India.
- Where is Electronica Finance Limited based and how big is it?
- Electronica Finance Limited is based in Pune, Maharashtra, India.
- Who are the decision-makers at Electronica Finance Limited?
- Fundz holds 1 contact at Electronica Finance Limited. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Electronica Finance Limited that raised within 45 days of this round, from Fundz verified event records.
- NG.CASH raised $13M (Series A) on May 15, 2024.
- Incredible raised $1M (Pre-Seed) on May 14, 2024.
- Linnovate Partners raised $40M (Funding Round) on May 13, 2024.
- Provable Markets raised $8M (Series A) on May 8, 2024.
- Firenze raised $979K (Pre-Seed) on May 2, 2024.
- Dexif raised $4M (Seed) on May 1, 2024.
Who to call at Electronica Finance Limited, and when
A new round usually means Electronica Finance Limited is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Electronica Finance Limited raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Electronica Finance Limited, from your own LinkedIn network
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