TechBengaluru Lending Firm Finnable Targets 56 Million Dollar Raise
The lending firm has turned profitable and drawn commitments from TVS, Claypond and other investors.
TLDR
Finnable operates as a Bengaluru based lending company. People familiar with the matter told Tech in Asia that the firm is seeking around 56 million dollars at a pre money valuation near 141 million dollars. A linked report states the company is raising the capital after reaching profitability. TVS, Claypond and additional investors have already backed the round. The coverage also notes participation from an Infosys co founder. The details reflect the current status of the fundraise as described in the public posts and the source article.
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Bengaluru Lending Firm Finnable Targets 56 Million Dollar Raise
The lending firm has turned profitable and drawn commitments from TVS, Claypond and other investors.
TLDR
Finnable operates as a Bengaluru based lending company. People familiar with the matter told Tech in Asia that the firm is seeking around 56 million dollars at a pre money valuation near 141 million dollars. A linked report states the company is raising the capital after reaching profitability. TVS, Claypond and additional investors have already backed the round. The coverage also notes participation from an Infosys co founder. The details reflect the current status of the fundraise as described in the public posts and the source article.