VC Fund Investments
Digital lending co. QuickLend raises Rs.6.75 Cr from Inuka Capital, Eximius, others
Bengaluru-based instant loan provider QuickLend has raised INR 6.75 crore (USD 774,000) in a Pre-Seed round led by Inuka Capital, Eximius Ventures, Upsparks, Growx Ventures with participation from angel investors.The proceeds will be used by the company to expand its operations, R&D, enhance technological capabilities and launch new features.Founded in 2024 by Arunkumar Jadhav, Abhishek Uppala, and Raghuram Trikutam, QuickLend claims to offer fast, transparent, and easy lending solutions for borrowers while equipping lenders with advanced portfolio management tools. The company launched its Loan Against Mutual Funds (LAMF) product which will allow the borrowers to pledge their mutual fund units as collateral.
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