Fundz

mPokket raised $60 million in a debt capital to meet the growing credit demand from its 24 million registered customer base in India.

PRIVATEMar 09, 2024

Amount Raised

$60 Million

Round Type

Funding Round

New DelhiFinancial ServicesFintechLending

Investors

BPEA Credit

Description

Digital lending platform mPokket raised up to Rs 500 crore (around $60 million) in debt capital from BPEA Credit’s private credit platform to meet the growing credit demand from its 24 million registered customer base and accelerate product development in the career accelerator and insurance verticals.

Quick answer

mPokket raised $60 Million in a Funding Round round, dated March 9, 2024. Investors: BPEA Credit. mPokket is based in New Delhi, Delhi, India.

How much did mPokket raise?
mPokket raised $60 Million in a Funding Round round on March 9, 2024.
Who invested in mPokket?
BPEA Credit is named as investors in this round.
What does mPokket do?
A digital lending platform serving a customer base of 24 million.
Where is mPokket based and how big is it?
mPokket is based in New Delhi, Delhi, India.
Who are the decision-makers at mPokket?
Fundz holds 1 contact at mPokket. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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

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

  • Payinstacard raised an undisclosed amount (Seed) on April 18, 2024.
  • Kamina raised $3.2M (Pre-Seed) on April 17, 2024.
  • Prosper raised $679K (Seed) on April 16, 2024.
  • OpenTrade raised $3.2M (Seed) on April 15, 2024.
  • Ellipsis Labs raised $20M (Series A) on April 7, 2024.
  • Ellipsis Labs raised $20M (Series A) on April 4, 2024.

Who to call at mPokket, and when

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

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

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Company Information

Company

mPokket

Location

New Delhi, Delhi, India

About

A digital lending platform serving a customer base of 24 million.

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Related People

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mPokket 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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