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Overview
FlexiLoans provides working capital loans to small businesses through a digital process. Its underwriting uses transaction data from marketplaces and payment platforms. The company partners with ecommerce and payment providers for distribution.
News
Investors back FlexiLoans with Rs 290 cr in Series C to bridge MSME financing gap - BusinessToday
The newly raised funds will be used by FlexiLoans to expand its operations, enhance product offerings, and strengthen its technological infrastructure.
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Fintech firm FlexiLoans bags Rs 290 cr in Series C funding led by Accion, Nuveen, Fundamentum- Moneycontrol.com
This latest infusion brings FlexiLoans' total equity funding to Rs 636 crore and its debt financing to over Rs 2,000 crore, including a Rs 750 crore Series B round in June 2022 from Fasanara Capital, Maj Invest, Caravel Group, and others.
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MSME lender FlexiLoans expects Rs 1,500 crore loan disbursements with over 10 lakh applications this festive season
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Lessons as a lender: How FlexiLoans was conceived and grew in scale
Enthused by a strong wave of India's march in the areas of Jan-Dhan (Banking accounts), Aadhar (KYC solutions) and Mobile (contactability/ alternate data), Ritesh, Deepak and I (classmates from Indian School of Business 2009) started FlexiLoans.com in 201
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