Infinity Fincorp Solutions Secures USD 8 Mn Funding To Boost Credit Accessibility For MSMEs
Mumbai, May 2 -- Mumbai-based non-banking financial company (NBFC) Infinity Fincorp Solutions has raised an additional USD 8 million in funding from Archerman Capital.
The NBFC plans to utilise the funds to expand credit accessibility for micro-entrepreneurs and small businesses in Tier III and IV cities and towns across India.
This investment is an extension of Infinity's $26 million funding round led by Jungle Ventures and Magnifico last month, bringing the total amount raised in this round to $34 million.
Shrikant Ravalkar, Founder, Managing Director and CEO, Infinity Fincorp, expressed his delight at attracting global venture capital funds, calling it a testament to the company's strategic focus and execution capabilities.
He emph...
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