Finnable raises Rs 250 Cr led by Z47 and TVS Capital

Digital lending fintech Finnable has raised Rs 250 crore (around $30 million) in a funding round led by Z47 and TVS Capital. The MEMG Family Office, led by Ranjan Pai, also participated in the round.

Entrackr had exclusively reported on this round in September.

Prior to the current round, Finnable raised $5.77 million over three funding rounds from 12 investors, including Manipal Global and MEMG Family Office. 

During the first tranche of Rs 127 crore, Matrix Partners invested Rs 125 crore, while India Nippon infused Rs 2 crore. The company’s total…