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MSME lender Infinity Fincorp secures $35M in funding round led by Jungle Ventures and others

YourStory LogoYourStory19h ago

MSME lender Infinity Fincorp secures $35M in funding round led by Jungle Ventures and others - YourStory

Quick Summary:

Infinity Fincorp Solutions, a Mumbai-based NBFC specializing in MSME lending, has raised $35 million in a funding round led by Jungle Ventures, with participation from Archerman Capital and Magnifico.

While the broader market faces challenges, Infinity’s disciplined approach and high-quality portfolio stand out," Arpit Beri, Partner, India Investments at Jungle Ventures, commented on the fundraise.

Infinity posted a profit of Rs 26 crore in FY2024 and projected Rs 47 crore for FY2025.


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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 12:41:26 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 275 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © YourStory

News ID: 24998578

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About YourStory

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 29 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 15 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

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The story "MSME lender Infinity Fincorp secures $35M in funding round led by Jungle Ventures and others" was covered 19 hours ago by YourStory, a news publisher based in India.

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