MSME lender FlexiLoans raises Rs 290 Cr in Series C funding

Quick Summary:

Majority of the funds raised will go towards helping FlexiLoans scale its operations and to leverage balance sheet and off-balance sheet items.

It also offers invoice financing products with repayments ranging from 30 to 90 days.

"We are raising almost 1x of our current net worth".

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets: IndiaTaiwan

Topics: Terms Ranging Information Privacy Flexiloans Policy Msme Jain Current Lakh Sheet

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 19:00:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 197 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 22452062

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 12 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 18 hours ago

Coverage Areas: India

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