Digital lender Navadhan raises $1.5 M from Veranium, Anicut Capital, Gemba Capital

Mumbai-headquartered ​fintech startup Navadhan has raised USD 1.5 million (INR 12.3 crore) in a seed round co-led by fintech-focused venture capital firm Veranium NexGen along with existing investor Anicut Capital. Gemba Capital also participated in the funding round. Navadhan would use the proceeds to develop its technology platform.