VC Fund Investments
B2C credit mgmt platform CheQ raises $4.2 M from 3one4 Capital, others
Bengaluru-based B2C (business-to-consumer) credit management platform CheQ has raised INR 35 crore (USD 4.2 million) in an extended seed round from new and existing investors.CheQ would issue 12,952 Seed1 cumulative convertible preference shares at INR 26,989 each to raise INR 35 crore.3one4 Capital invested INR 12.49 crore, while Venture Highway and Multiply Ventures invested INR 6.24 crore and INR 2.08 crore, respectively. Individual investors including Lloyd Dizon Balajadia, Madhav Prakash Sehth, Vishal Gupta, and Deepk Tuli have collectively put in INR 14.2 crore.Founded in 2022 by Aditya Soni, CheQ helps customers simplify the discovery and management of all credit products and allows the user to pay credit card bills, and EMIs on a single platform.
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