MSME lender Infinity Fincorp raises $40-M

Mumbai-based NBFC Infinity Fincorp Solutions has raised USD 40 million Series A extension round of funding with participation from Beams VC (via Beams Fintech Fund).Founded in 2016 by Shrikant Ravalkar, I nfinity Fincorp Solutions operates in the micro-LAP (Loan Against Property) financing space, providing INR 3-5 lakh loans for underserved micro-entrepreneurs with a focus on Tier III towns across Andhra Pradesh, Tamil Nadu, Telangana, Madhya Pradesh, and Rajasthan. The proceeds will be used to expand the loan book and to establish a deeper presence across the states.