Fintech platform Mannjal raises Rs 17.5 crore in a seed round led by Arali Ventures, B Capital

Unified lending platform Mannjal has raised Rs 17.5 crore in a seed round led by Arali Ventures and B Capital, with participation from Sparrow Capital and Gemba Capital. The startup plans to use the funds to expand its lender network across priority-sector and impact-linked credit segments.

The Bengaluru-based fintech provides a full-stack lending infrastructure for financial institutions distributing credit to underserved entrepreneurs.

Mannjal’s platform supports phygital (physical + digital) data journeys, borrower information enrichment,…