FincFriends

Vishal Bhatia’s appointment aims to strengthen FincFriends’ financial planning, strategy, and compliance across its NBFC operations. This comes after the company secured Rs 41.5 crore in debt funding last week.

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 30 June – 04 July 2025.

FincFriends last raised $7.8 million in April last year. This included $2 million in equity, $2.8 million through external borrowing, and $3 million in debt from InCred Finance and Grow Money Capital.

In a strategic fundraising led by InCred Finance and Grow Money Capital, FincFriends, the NBFC division of digital lending firm RupeeRedee, has secured $7.8 million in a combination of debt and equity.

FincFriends, the non-banking financial arm of the finance marketplace RupeeRedee, has received $3.5 million in equity capital from its Cyprus-based parent firm, Digital Finance International.