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The funding round saw participation from DoorDash, Lachy Groom, Lightspeed and Humba Ventures.
The funding round also saw participation from India’s national badminton coach Pullela Gopichand, Darwinbox co-founder Rohit Chennamaneni, Swiggy co-founder Nandan Reddy and other angel investors.
Nexedge plans to use the fresh capital to strengthen its technology platform, expand its senior banker network and increase its presence across India, including in tier-II and tier-III cities.
The round also saw participation from existing investors Notable Capital, NEA, Neo Ventures and 8VC, along with new investors Acrew, Forerunner, Goodwater and Peak XV.
The investment comes as the Sachin Bansal-led fintech firm prepares to file documents for initial public offering.
The acquisition is expected to bolster DSP Finance’s offerings in loans backed by financial assets, particularly mutual funds.
With the latest funding, the microfinance institution has raised Rs 70 crore in total funding during the current financial year ending on March 31, 2027.
The round also saw participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.
The venture capital firm has already deployed more than Rs 100 crore across seven startups, including EtherealX and Zebu Intelligent Systems.
The funding round also saw participation from existing investors including Lightspeed India Partners and Burman Family Office, among others.
The funding round also saw participation from DeVC, Antler India, Panthera Peak, and a group of angel investors.
Global card network Visa is looking to offer issuing and acquiring solutions to banks globally, according to a source.
The new fund is around 15% smaller than Accel’s previous India fund. Accel had closed $650 million for its eighth India fund in January last year.
In addition, the company raised Rs 110 crore in debt from IDFC and Axis Bank.
The investment round also saw participation from prominent angel investors including Abhishek Goyal (Tracxn) and Mekin Maheshwari (Flipkart).
Abu Dhabi's AI and advanced technology investor MGX is one of the investors Mistral is in talks with for the fundraise.
The startup will use the fresh investment to expand its team in Bengaluru and London.
The latest funding round valued the Delhi-based startup at Rs 45 crore.
