VC Fund Investments
Digital lender to blue collar workers Supermoney raises $3-M from Capital 2B, Capria Ventures
Mumbai-based SuperMoney , an SME-focused digital lending platform, has raised INR 28.6 crore (around USD 3.4 million) Series A funding from Capital 2B and Capria Ventures. The proceeds will be used to ramp up the platform’s growth and expand disbursements.Founded in 2018 by Nikhil Banerjee, Supermoney caters to working capital needs of businesses by offering customised payment and finance solutions designed specifically for their supply chains.
In Jan 2020, Supermoney had raised USD 1.01 million from early-stage impact investor Unitus Ventures .
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