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Digital lender CASHe raises Rs.140-Cr from holding co TSLC
Mumbai-based CASHe, a credit led, AI-driven financial wellness platform, has raised INR 140 crore from its Singapore-based holding company TSLC Pte Ltd. The latest round of capital infusion adds the fintech company's balance sheet size to over INR 800 crore, including about INR 300 crore in equity and over INR 500 crore raised through debt from leading private banks and NBFCs.
CASHe will use the funds to boost its profitability, and enhance its existing product lines such as personal loans, BNPL, credit line and embedded card business.
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From the Venture Intelligence PE-VC Deal Database: Between Apr-17 and Oct-21, CASHe had raised about $4 M from BlackSoil Capital, IFMR Trust, Florintree, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)