
Fintech startup EarlySalary raised close to $97 million in funds led by TPG Growth where Norwest Capital and Piramal Capital and Housing Finance Limited also participated.
EarlySalary is a lending app that caters to young working professionals. The company claims to provide instant loans of up to INR 5 lakh. It claims to have over 10 million downloads and to have disbursed INR 5,000 crore in loans to 2.4 million customers. EarlySalary claims to be operational in 27 cities across India, including Ahmedabad, Jaipur, Kolkata, Gurugram, and Mumbai. The lendingtech market in India is expected to grow at a 32% CAGR to $816 billion by 2025.








