Veritas Finance Pvt Ltd raised ₹240 crore in an internal funding round led by Lok Capital, Evolvence, and Avendus Future Leaders Fund to support its growth plans.
Amount Raised
₹2.4 Billion
Round Type
Funding Round
ChennaiFinancial ServicesFinanceFintechLendingBankingInvestors
Description
Veritas Finance Pvt Ltd announced the successful completion of a corporate funding round, raising ₹240 crore. The funds will aid in strengthening the company's foundation and providing a significant runway for future growth, potentially leading to an IPO in the next 12 months.
Quick answer
Veritas Finance raised ₹2.4 Billion in a Funding Round round, dated September 9, 2024. Investors: Avendus Future Leaders Fund, Evolvence and Lok Capital. Veritas Finance is based in Chennai, Tamil Nadu, India.
- How much did Veritas Finance raise?
- Veritas Finance raised ₹2.4 Billion in a Funding Round round on September 9, 2024.
- Who invested in Veritas Finance?
- Avendus Future Leaders Fund, Evolvence and Lok Capital are named as investors in this round.
- What does Veritas Finance do?
- Veritas Finance Pvt Ltd is a non-deposit taking Non-Banking Financial Company (NBFC) founded in 2015.
- Where is Veritas Finance based and how big is it?
- Veritas Finance is based in Chennai, Tamil Nadu, India. Fundz records about 2,139 employees.
- Who are the decision-makers at Veritas Finance?
- Fundz holds 2 contacts at Veritas Finance, including the Chief Financial Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Veritas Finance that raised within 45 days of this round, from Fundz verified event records.
- Agent Banking Company raised an undisclosed amount on October 12, 2024.
- GBank Financial Holdings raised $20M on October 11, 2024.
- Qist Bazaar raised $3.2M (Series A) on September 23, 2024.
- Aye Finance raised $30M (Series G) on September 20, 2024.
- Primary raised $3.5M (Seed) on September 18, 2024.
- Green Dot raised $65M on September 6, 2024.
Who to call at Veritas Finance, and when
A new round usually means Veritas Finance is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Veritas Finance raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Veritas Finance, from your own LinkedIn network
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Related People
Veritas Finance 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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