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SUMMARY
Led by NabVentures and Prime Ventures, the round also saw participation from LNB Group, Varanium NexGen Fintech Fund, Gemba Capital, Faad, VC-Grid and Anicut
The fresh proceeds will be utilised to fuel its business growth, enhance the tech stack, expand footprint and diversify loan offerings
Founded in 2019, Navadhan is an NBFC, which offers financial solutions to small businesses and microenterprises by connecting them to banks
Rural India-focussed fintech startup Navadhan has reportedly raised INR 111 Cr ($12.8 Mn)…
