Private Equity PE Fund Investments
InPrime FinServ attracts $3-M from Matrix India, others
Source Inc42 (opens in a new tab)
Bengaluru-based non banking financial company (NBFC) InPrime Finserv has raised Series A funding of USD 3 million (around INR 24 crore) led by Matrix Partners India. Existing investors InfoEdge Ventures, Titan Capital and Kettleborough VC also participated in the round.The startup plans to use the fresh capital to expand its geographical footprint, grow the team across risk, engineering, analytics and sales, as well as scale up its loan portfolio.InPrime, founded by Rajat Singh, Manish Raj and Sneh Thakur in 2021, provides financial services to the informal economy.