Furniture renting platform Rentickle raises ₹26 crore in equity and debt funding
The capital raised by the startup in this round will be utilized for geographical and product category expansion, and for pushing internal growth.
The capital raised by the startup in this round will be utilized for geographical and product category expansion, and for pushing internal growth.
The raised money will be used to cater to new industry verticals within the small and micro sector as well as expand to other areas in the country.
The mix of debt and equity funding comes from IFMR Capital, Capital First, Tata Capital Financial Services Ltd (TCFSl) and Manappuram Finance Ltd.
CASHe, a mobile-app based loan provider, has announced that it has secured ₹20 crore in a debt funding round from IFMR to ramp up loan book.
The company will use the newly raised funds to expand its service offerings as well as for the growth of its people and products.
Retail tech start-up FieldAssist has raised a new debt funding round from SIDBI for the R&D, and introduction of artificial intelligence and machine learning in the existing platform.