Private Equity Fund Investments

Fintech firm NamasteCredit raises funds from Amicus Capital

Capital Quest  

Bengaluru-based Opendoors Fintech Pvt Ltd, which runs NamasteCredit, an AI-based credit discovery and underwriting platform for SMEs, has raised a reported USD 8 million from Amicus Capital marking the mid-market private equity firm‘s sixth deal from its maiden fund. Avishek Addy of Amicus had joined the company's board in March 2021.

From the Venture Intelligence PE-VC Deal Database: In April 2018, Namaste Credit had raised USD 3.8 million in its Series A funding round from Nexus Venture Partners.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.