Fundz

Ranjan Pai'S Family Office Invests Rs 40 Crore In Finnable

PRIVATEApr 30, 2021

Amount Raised

₹400 Million

Round Type

Funding Round

BengaluruFinancial ServicesFinanceFintechLending

Description

Ranjan Pai-led MEMG family office, which has made investments in several edtech and health tech startups, is investing Rs 40 crore in a fintech startup Finnable for a significant minority stake.

Quick answer

Finnable raised ₹400 Million in a Funding Round round, dated April 30, 2021. Finnable is based in Bengaluru, Karnataka, India.

How much did Finnable raise?
Finnable raised ₹400 Million in a Funding Round round on April 30, 2021.
What does Finnable do?
Finnable is a digital lending startup focused on providing personal loans to salaried professionals.
Where is Finnable based and how big is it?
Finnable is based in Bengaluru, Karnataka, India.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

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

  • Hello Alice raised $15M on June 11, 2021.
  • Fold raised $13M (Funding Round) on May 27, 2021.
  • MANTL raised $40M on May 26, 2021.
  • Zip Co raised $30M on May 25, 2021.
  • Tonik raised $17M (Series B) on May 11, 2021.
  • Lili raised $55M (Series B) on May 11, 2021.

Who to call at Finnable, and when

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

  • An alert the day Finnable raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Finnable, from your own LinkedIn network

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Company Information

Company

Finnable

Location

Bengaluru, Karnataka, India

About

Finnable is a digital lending startup focused on providing personal loans to salaried professionals. Founded in 2015 by ex-bankers, it also offers loans against property and operates a co-lending model with several partner banks. The company aims to leverage technology and expand its branch network to meet customer needs. With a significant increase in assets under management, it is set to scale its operations and introduce new loan products.

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Finnable 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.