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Fintech startup FinAGG raises $11 million in funding from Tata Capital, BlueOrchard

PRIVATEJan 29, 2024

Amount Raised

$11 Million

Round Type

Funding Round

NoidaSoftware Development

Investors

Prime Venture PartnerSmall Industries Development Bank Of India (Sidbi)Blue OrchardTata Capital

Description

FinAGG Technologies, a fintech startup that provides working capital solutions to micro, small and medium enterprises, raised $11 million in a Series A round of funding led by Schroders-backed BlueOrchard and Tata Capital. The Small Industries Development Bank of India (SIDBI) and existing investor Prime Venture Partner also participated in the equity-based round. The company has also raised another million dollars by buying out the shares of early employees at the firm.

Quick answer

FinAGG Technologies raised $11 Million in a Funding Round round, dated January 29, 2024. Investors: Prime Venture Partner, Small Industries Development Bank Of India (Sidbi), Blue Orchard and Tata Capital. FinAGG Technologies is based in Noida, Uttar Pradesh, India.

How much did FinAGG Technologies raise?
FinAGG Technologies raised $11 Million in a Funding Round round on January 29, 2024.
Who invested in FinAGG Technologies?
Prime Venture Partner, Small Industries Development Bank Of India (Sidbi), Blue Orchard and Tata Capital are named as investors in this round.
What does FinAGG Technologies do?
FinAGG is a young Fin-Tech organisation, on a path to create and help finance India’s largest Distributor and Retailer network.
Where is FinAGG Technologies based and how big is it?
FinAGG Technologies is based in Noida, Uttar Pradesh, India.
Who are the decision-makers at FinAGG Technologies?
Fundz holds 1 contact at FinAGG Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software Development around the same time

Companies in the same sectors as FinAGG Technologies that raised within 45 days of this round, from Fundz verified event records.

  • Kevel raised $23M (Series C) on March 7, 2024.
  • Synadia Communications raised $25M (Series B) on February 28, 2024.
  • Pimberly raised $5.1M (Funding Round) on February 26, 2024.
  • Serverpod raised $1.8M (Seed) on February 23, 2024.
  • EigenLabs raised $100M (Series B) on February 23, 2024.
  • Xergy raised $3.9M (Series A) on February 23, 2024.

Who to call at FinAGG Technologies, and when

A new round usually means FinAGG Technologies is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

FinAGG Technologies

Location

Noida, Uttar Pradesh, India

About

FinAGG is a young Fin-Tech organisation, on a path to create and help finance India’s largest Distributor and Retailer network. Founded and led by experienced professionals, who have been leaders in the finance Industry. Our Founders have been part of VC funded organisations earlier and have successfully exited it to large global companies. FinAGG’s platform is trusted by over 20 of the largest corporate Houses in India. In such a short span of time Finagg has been disrupting the lending market. FinAGG has kept the SME/MSME and retailers of Atmanirbhar Bharat at the forefront of their vision, and are championing them as they represent the backbone of a large portion of the creation and consumption ecosystem throughout the country.

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FinAGG Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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