In a press statement issued today, a prominent Indian fintech company announced it has closed a ₹850 crore Series D funding round led by a consortium of global and domestic investors. The capital will fund the expansion of its digital lending platform and new credit products for underserved segments.
The company said it plans to deepen partnerships with banks and NBFCs under the co-lending framework, and to invest in AI-driven underwriting to broaden formal credit access across tier-2 and tier-3 cities.
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