EduTech startup Rocket Skills has raised INR 2.2 Crores in a pre-seed funding, led by Better Capital, First Cheque and Titan Capital. Angel investors Harpreet Singh Grover (founder, Co-cubes), Aprameya (founder, Taxi for Sure and Koo), Abhinav Jain (founder, Shop101) and, Pravin Jadhav (ex-CEO Paytm Money, founder Raise) have additionally participated in this round. These…
U GRO Capital, a BSE listed, technology enabled small business NBFC, announced the launch of a co-lending partnership for micro, small and medium enterprises (MSME) with Bank of Baroda, one of the largest banks in India. Termed as ‘Pratham’, the loan disbursements have commenced on the occasion of Bank of Baroda’s 114th Foundation Day. The…
The Finance Committee of the Board of Directors of MAS Financial Services Limited, specialized in MSME financing, in its meeting held on March 30, 2021 approved and allotted, on a private placement basis, 6,500 Rated, Senior Listed, Transferable, Redeemable, Principal Protected Market-linked Non-convertible debentures (Market-linked NCDs) of face value of INR 100,000, aggregating up to…
An online platform that empowers micro, small and medium-sized enterprises (MSMEs) to obtain suitable financing – Rupifi has secured $4.1 million in the latest funding round. The pre-Series A funding was led by Quona Capital. Ankur Capital along with Cofounder of Flipkart – Binny Bansal also participated in the round. The platform will use the…
Vistaar Finance has raised Rs. 225 crore (US$ 30 million) External Commercial Borrowing (ECB) from FMO, the Dutch entrepreneurial development bank, making this amongst the larger such transactions in the MSME segment this year. Vistaar has now raised over Rs. 550 crore of debt financing in seven months of this financial year. These funds will be deployed…