Flexiloans raises another Rs 375 crore from Fundamentum, Accion and others

New-age non-banking finance company Flexiloans has raised Rs 375 crore in a mix of primary and secondary capital to fuel its expansion plan.

The funding was led by existing investors Nandan Nilekani’s Fundamentum, US-based impact investor Accion Digital Transformation, American asset management firm Nuveen, and Denmark-based asset management major Maj Invest.

“Through this round, we have given exits to the high networth individuals who had invested in the company in 2017. Most of our existing institutional investors have doubled down in the…