Jaipur-based #FinovaCapital provides loans to micro-entrepreneurs and semi-skilled professionals who have no, or only limited, access to lending from formal financing institutions.
#Funding#Finova plans to utilise the funds to further grow its #loan book, invest in #technology, expand geographically and further its vision of enabling financial inclusion at scale.
Congratulations team @FinovaC ! Welcome @NorwestVP@MajInvest on board ! Thanks #Faeringcapital & @Sequoia_India @sequoia for having faith in us! @nirenshah1000@mohitsahney@DavidParadiso@Ishaanmittal2@gvravishankar@burman_vinayak@sahney_sunita#finovacapital#nikhilkookada twitter.com/FinovaC/status…
has raised $65 million from Norwest Venture Partners, Maj Invest, and Faering Capital. Funds will be used to grow loan book, invest in technology, expand geographically & its vision of enabling financial inclusion at scale.
Congrats
Jaipur-based MSME focussed NBFC , Finova Capital raises $65 million from Norwest Venture Partners, Maj Invest & Faering Capital.
@FinovaC@NorwestVP@MajInvesthttps://yourstory.com/2022/03/funding-alert-finova-capital-usd65m-norwest-venture-maj-jaipur-startup/amp…
Jaipur-based MSME focussed NBFC , Finova Capital raises $65 million from Norwest Venture Partners, Maj Invest & Faering Capital.
@FinovaC@NorwestVP@MajInvesthttps://yourstory.com/2022/03/funding-alert-finova-capital-usd65m-norwest-venture-maj-jaipur-startup/amp…
.@FinovaC Secures $65 Million for Funding New Dreams. Claims to have 20,000 customers & INR 1000Cr loan book #FinovaCapital#FundingAlert#Startup#Investments#FinanceNewshttps://startupstars.in/funding-alert/finova-capital-secures-65-million-for-funding-new-dreams/…
Fintech startup @FinovaC raised $65 Mn in a funding round led by @NorwestVP, along with Maj Invest and Faering Capital.
https://inc42.com/buzz/fintech-startup-finova-capital-bags-65-mn-from-norwest-venture-partners-others/…
Finova Capital, a Jaipur-based non-banking financial company, has raised $35 million from Sequoia Capital India and Faering Capital, and an additional $20 million from various lenders.
It feels great to have confidence of existing investors ! Super to have a bigger innings ahead with team @Sequoia_India & team Fearing !! Look forward to scale it up along with
#ETExclusive Sequoia Capital and Faering Capital pump in $35 million in Finova Capital - The Economic Times https://m.economictimes.com/tech/startups/private-equity-firms-sequoia-capital-and-faering-capital-have-pumps-in-35-million-in-finova-capital/articleshow/78895019.cms?utm_source=twitter_pwa&utm_medium=social&utm_campaign=socialsharebuttons… via @economictimes@ETFinance@ETMarkets@RBI@sequoia@goveeET
. Welcome Faering Capital to Team Finova. We at @Sequoia_India are blessed to be parters in this journey as Mohit and team build a sustainable financial inclusion platform