Seeds Fincap Pvt. Ltd raised $8.5M in Series A funding led by Lok Capital and Matrix Partners India to expand lending capabilities and technological infrastructure.
Jul 17, 2024•over 1 year ago
Amount Raised
$8.5 Million
Round Type
series a
Investors
Matrix Partners IndiaLok Capital
Description
Seeds Fincap, a non-banking financial company (NBFC) founded in 2021, has secured $8.5 million in Series A funding. The funds will enable the company to expand its lending capabilities, enhance its technological infrastructure, and broaden its branch footprint.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers