Debt financing

Mortgage lender LoanKuber attracts $2.5 M

Business World  

Delhi-based Janasha Finance, which operates mortgage loans under the brand LoanKuber , has raised USD 2.5 million in a debt funding round, led by institutional lenders Au Small Finance Bank, Northern Arc Capital and Vivriti Capital.The new funds will help expand the company's assets under management (AUM), currently at about INR 80 crore, and bolster its technological capabilities and team strength.Currently present across NCR, the company aims to expand its AUM to INR 220 crore by FY25.

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