Angel Investments
SME lending platform LoanKuber raises Rs.13-Cr from Lets Venture, Inflection Point, others
New Delhi-based digital lending platform LoanKuber has raised a pre-Series A round of INR 13 crore led by Lets Venture, with participation from Inflection Point Ventures and other investors. It will use the funds to build and expand the team, enhance the existing tech stack and grow its loan book to INR 75 crore in 12 months. LoanKuber is a digital-first automated mortgage platform enabling mortgage lending micro-SMEs against owned residential collateral. It aims to onboard 1,000 MSMEs in the next 12 months as part of its expansion plan.
From the Venture Intelligence Angel Investments Database: Between Jun-18 and Aug-21, LoanKuber raised funding from IP Ventures, AngelList, LetsVenture, and others.
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