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Mortgage platform LoanKuber raises $2-M from IPV, Accolade, LetsVenture, others
New Delhi-headquartered mortgage platform LoanKuber has raised USD 2 million in a Series A round led by Inflection Point Ventures. The round also saw the participation of Accolade Holdings, LetsVenture, family offices, and angel investors including Prashant Tandon, Pankaj Vermani, and Vishal Gupta. The company plans to use the funds to enable affordable mortgage solutions to micro-SMEs, for hiring, enhancing technology infrastructure and for operations. Founded in 2017 by Saurabh Nagpal, LoanKuber provides customised mortgage loans to underserved MSMEs. The company aims to build an AUM of INR 200 crore in the next 15 months.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.