India, Aug. 4 -- B2B fintech startup GetVantage has raised Rs.63 Cr (about $6.6 Mn) in a Series A1 funding round to expand its finance platform and increase its committed financing capacity.

The round, which constituted both equity and debt, was led by ex-RBL Bank MD Rajeev Ahuja and investment firm SanRaj Group. Existing investors including Chiratae Ventures, Varanium Fintech Fund, and VCMint also participated in the round.

With the latest round, the startup has raised over $47 Mn in funding till date from investors like Varanium Capital Advisors, InCred Capital, Sony Innovation Fund, among others.

The Mumbai-based startup said the fresh capital will be used to scale its capital gateway platform, an API-led infrastructure that enables...