Amount Raised
$1.5 Million
Round Type
Seed
MumbaiFinancial ServicesDescription
Rural India-focussed lender startup Navadhan has raised $1.5 million in a seed funding round led by Varanium NexGen, a fintech-focused fund. Existing investor Anicut Capital co-led the round, while Gemba Capital also participated.With their investment, Varanium NexGen and Gemba Capital are new additions to the four-year old startup’s cap table, per a statement. It has previously raised $14.5 million in both equity and debt across four rounds of investments from Anicut Capital, BOPA, Flowstate and angel investors.Powered ByVideo Player is loading.Play VideoPlaySkip BackwardUnmuteCurrent Time 0:00/Duration 51:58Loaded: 1.14%00:00Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -51:58 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedPicture-in-PictureFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentText BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentTransparentCaption Area BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Advertisement“We will continue to invest in the AceN tech platform
Quick answer
Navadhan raised $1.5 Million in a Seed round, dated June 21, 2023. Navadhan is based in Mumbai, Maharashtra, India.
- How much did Navadhan raise?
- Navadhan raised $1.5 Million in a Seed round on June 21, 2023.
- What does Navadhan do?
- Navadhan is a confluence of ‘Nava’ (new) and ‘dhan’ (wealth).
- Where is Navadhan based and how big is it?
- Navadhan is based in Mumbai, Maharashtra, India.
- Who are the decision-makers at Navadhan?
- Fundz holds 1 contact at Navadhan. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services around the same time
Companies in the same sectors as Navadhan that raised within 45 days of this round, from Fundz verified event records.
- Emtech Solutions raised $4M (Seed) on August 4, 2023.
- Monetary Metals raised $293K (Seed) on August 4, 2023.
- LemFi raised $13M on August 3, 2023.
- Pockit raised $10M (Funding Round) on August 3, 2023.
- Socket raised $20M on August 1, 2023.
- Traction raised $6M (Seed) on August 1, 2023.
Who to call at Navadhan, and when
A new round usually means Navadhan is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Navadhan raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Navadhan, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Navadhan. With Fundz connected, it knows.
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Fundz sees it the moment Navadhan raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Navadhan 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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