Digital Lender FlexiLoans Raises INR 150 Cr Through A Mix of Equity and Debt

The startup raised the funding from Falguni and Sanjay Nayar Family Office and will utilize it to scale up its micro SME lending

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Digital lending startup FlexiLoans on Wednesday announced it has raised INR 150 crore through a mix of equity and debt lines. The fund has been raised from Falguni and Sanjay Nayar Family Office.

With the current funding, the Mumbai-based startup has raised INR 500 crore in a mix of both equity and debt since its inception in 2016 and banking relationships with over 13 financial institutions.

The startup will utilize the fresh capital infusion in scaling its micro SME lending and has significant alliance partnerships that will be announced this quarter by offering lending products. The startup

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6 free online courses on diversity, equity, and inclusion to enroll in

  • Diversity, equity, and inclusion (DEI) used to be an empty buzzword, until the killing of George Floyd and the coronavirus pandemic forced leaders to reckon with racial injustice in the US. 
  • Now, Americans want leaders to prioritize racial equity in the workplace. 
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  • Here are six free online courses on DEI from places like the University of Virginia, and the University of Pittsburgh. 
  • Visit Business Insider’s homepage for more stories.

Diversity, equity, and inclusion (DEI) have been buzzwords in business for years, with little results. That is, until the killing of George Floyd and a pandemic awoke leaders and the American public to massive racial injustice.

Now, more companies are hiring executives to lead the charge on DEI. Leaders are making huge financial commitments

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