Fintech company Perfios Software Solutions has raised about Rs 40 crore in its series-A round from Bessemer Venture Partners. The Bengaluru-based firm, founded in 2009 by V R Govindarajan and Debasish Chakraborty, plans to use the funds for organic and inorganic expansion. “We will use the funds…
Tag: CreditMantri
CreditMantri raises $7.6 mn in Series B round of funding
Chennai-based FinTech startup, CreditMantri has raised USD 7.6 million in Series B round of funding led by Quona Capital and Newid Capital along with existing investors, Elevar Equity, Accion and IDG Ventures India. Founded by three former Citibank executives, the company offers a proprietary tec…
Bank of Baroda partners with CreditMantri for lending to first-time borrowers, SMEs
Public sector lender Bank of Baroda on July 25 announced that they will be using alternate data sources for lending decisions in partnership with Creditmantri, a Chennai based fintech startup. Historically banks have been relying on physical verification of documents and credit bureau data for ta…