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Bengaluru-based lending startup Niro has raised Rs 90 crore ($11 million) in a Series A round. The round was a mix of equity ($8.5 million) and debt ($2.5 million). The equity funding was raised from a consortium of investors, including Elevar Equity and GMO Venture Partners, while the debt was funded by InnoVen Capital.
Through the new AIF, homegrown wealth and asset management firm InCred Capital looks to offer risk-adjusted returns to investors through, and become an alternative to debt funds
Through the new AIF, homegrown wealth and asset management firm InCred Capital looks to offer risk-adjusted returns to investors through, and become an alternative to debt funds
Last year, BlueStone raked in $30m from Hero Enterprises at a $410m valuation.
Bike Bazaar has raised an additional $10 Mn in funding from DEG, the investment arm of German state-owned development bank KfW.