The company plans to use most of the funds to grow its loan book and increase the amount of loans disbursed on its platform. It will also invest in improving its technology and develop a software product.
Founded in 2018 by Ratan Tata, Nandan Nilekani, and economist Vijay Kelkar, Avanti Finance aims to provide financial products to underserved communities.
YES MADAM is India's Most Trusted and Transparent Home Salon. They explained that it was part of a social media campaign aimed at raising awareness about "the serious issue of workplace stress.
The funds will help Greenie Energy expand its goal of setting up over 5,000 EV charging points across India by 2025. The company also plans to develop innovative solutions for India’s growing EV market.
Earlier, Kreedo raised $4 million in Series A funding from Heritas Capital and UBS Optimus Foundation to improve learning systems. The new funds will help Kreedo grow, improve its products, and expand across India.
Reliance has around $2.9 billion in debt due in 2025, including interest payments, according to Bloomberg. A company spokesperson did not immediately comment on the matter.
The investment will help provide life-saving dialysis treatments to low-income patients with end-stage renal disease (ESRD). DCDC operates dialysis clinics in partnership with state governments, offering treatments to economically disadvantaged groups.
This new investment brings the total Series B funding to $60 Million. With this, Pixxel has raised a total of $95 Million across all funding rounds to date.