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The round also saw participation from Sony Innovation Fund, Gaja Capital, Artha Ventures and other investors.
The funding round saw participation from Hyderabad Angels, TiE Angels, LetsVenture, Invention Engine, and angel investors Arjun Vaidya, Anand Shahni, Vivek Mathur, Ajeet Khurana, and Nitin Verma.
The funding was raised from Advenza Global Ltd, Atharva Green Ecotech LLP, HDFC Bank and Artha Select Fund, among others.
Karthak earlier served on the board of slice’s parent company Garagepreneurs Internet prior to its banking merger with North East Small Finance Bank last year.
From mutual need to weight and material to state-backed coinage - a fascinating journey that laid the groundwork for India's monetary system today.
The fintech giant has appointed Siddhartha Jain as chief network officer, who will be reporting to the company's chief executive Nalin Negi.
OfBusiness and Oxyzo invested Rs 27.5 crore each, while Ambium Finserve and IKF Finance contributed the remaining Rs 20 crore.
The funding will be used to expand the NBFC's lending portfolio, providing private schools and vocational students in tier II and tier III cities...
