InPrime Finserv Raises Rs 50 Crore

InPrime Finserv Raises Rs 50 Crore

Get latest articles and stories on Latest News at LatestLY. Non-banking financial company InPrime Finserv has raised Rs 50 crore in a funding round led by Pravega Ventures. Latest News | InPrime Finserv Raises Rs 50 Crore.

InPrime Finserv raises Rs 50 crore

New Delhi, Jul 7 (PTI) Non-banking financial company InPrime Finserv has raised Rs 50 crore in a funding round led by Pravega Ventures. The fresh funds will be used to scale the company's operations into deeper geographies, the company said in a statement. "Over the next 12 months, the company aims to expand its footprint to around 50 locations, resulting in a presence across Karnataka, Uttar Pradesh, Rajasthan, and Haryana. "InPrime will streng…

InPrime Finserv Bags INR 50 Cr Funding Led by Pravega Ventures

In a significant move toward inclusive financial growth, InPrime Finserv, a tech-enabled NBFC focused on India’s emerging middle class, has raised INR 50 crores ($6.02 Mn) in a Series A1 funding round. The round was led by Pravega Ventures with continued backing from existing investors Z47, InfoEdge Ventures, and Kettleborough VC.The capital will power InPrime expanding into deeper geographies, often referred to as ‘Bharat’, where aspirational, …