Abhishek Kumar’s Post

📈Infinity Fincorp Raises Additional $8 Mn to Expand Credit Services for Micro Entrepreneurs. 🌐 Summary: Infinity Fincorp Solutions, a Mumbai-based NBFC, has secured an additional $8 million in funding, extending its previous $26 million round led by Jungle Ventures. This new funding, involving Archerman Capital, brings the total raised to $34 million, boosting Infinity's assets under management to approximately $100 million. 🔑 Key Points: - Round Details: The recent $8 million is part of an extended funding round, raising the total for this round to $34 million. - Usage of Funds: The capital will be utilized to enhance credit accessibility for micro-entrepreneurs and small businesses in India's Tier III and IV cities and towns. - Company Growth: Founded in 2016 by Shrikant Ravalkar, Infinity Fincorp now operates 88 branches across eight states and aims to expand its loan book from $100 million to $160 million by March 2025. - Market Impact: Infinity Fincorp's focus on the MSME sector, a crucial part of India's economy, aligns with broader economic trends and the recent tightening of regulations in the digital lending space by the RBI. 📊 Conclusion: Infinity Fincorp's additional funding marks a significant step in its mission to support the underserved MSME sector in India. By expanding its financial offerings to smaller cities and towns, Infinity is well-positioned to contribute to the broader economic growth and leverage opportunities within the evolving fintech landscape. Infinity Fincorp Solutions Private Limited #InfinityFincorp #FundingRound #MicroEntrepreneurs #MSME #FinancialServices #CreditAccess #Fintech #StartUpNews #BusinessNews #MicroShots #NewsUpdates

ESV Times | Monthly Newsletter | July 2024 In the world of finance, debt predates equity as a source of capital for a business venture. But startups are unable to access the traditional debt funding channels, as banks base their lending decisions on rigid criterion of revenue, credit scores, and time-in-business. Additionally, banks require assets to be used as collateral, which startups generally do not have. "Venture Debt funds" address this market-gap by providing short-term debt to startups. They act as specialized lenders who are willing to take on a higher level of risk in exchange for the potential of higher returns. Typically, the underlying instrument in venture debt is a “non-convertible debenture” (NCDs). NCDs are coupon-bearing instruments issued by the........Read More: https://lnkd.in/dMgZr78Q We share curated startup news along with a write-up covering insights, experiences and deal information through the Newsletter every Sunday at 10 am. You can subscribe to our mailing list by filling out this form: https://lnkd.in/gddZJDwT Growth E. #Ecommerce #like #startups #india #venturecapital #growth #privateequity #consultancy #investments #fintech #NBFC #realestate #EV #greentech #EV #sports #coliving #Fintech #pharma #retail #manufacturer #freelance #hiring

Why invest in a venture debt opportunity? High Yield and low tenure Participate in the growth journey of a startup Balanced risk-adjusted returns Co-invest alongside marquee investors #venturedebt #startupfunding #earlystagefunding #alternativefinancing #debtfinancing #growthcapital #innovation #entrepreneur #india #financialtechnology Disclaimer -  All investment opportunities on the altGraaf platform carry risk and investors are advised to carefully evaluate before making the investments.

Rupeek, the online gold loan platform, has successfully raised Rs 50 crore from 360 One Large Value Fund (formerly IIFL Wealth Management), despite experiencing a significant 60% drop in valuation since its peak in January 2022. The new funding round places the company’s valuation at approximately Rs 2,050 crore ($250 million). Sumit Maniyar #rupeek #goldloan #startup #funding #investment #startupstory ********************* 🚀 Exciting News for Entrepreneurs, Investors, and Business Leaders! 🌟 The 2nd edition of Startup Story B2B Connect & Entrepreneur Awards is here, bigger and better than ever! 🌐 Connect, collaborate, and elevate your business with more startups, investors, and unparalleled opportunities. Don't miss this chance to reshape your entrepreneurial journey. 🚀 Register Now: https://lnkd.in/gqRAcgJ9 *********************

Secure the capital you need to take your profession to the next level. Our tailored loan solutions are designed to support your growth and success. #ProfessionalLoans #CareerGrowth #Startups #Networking #Careers #PersonalDevelopment #JobSearch #SmallBusiness #Finance

Capital Gain Tax on Different Assets class after Budget 2024. #llp #business #smallbusiness #indianbusiness #globalbusiness #businessowner #businessleadership #businessgrowth #businessgrowthstrategy #businesscompliance #startup #startupfounder #innovation #service #serviceprovider #financialadvisor #financialadvisory #financialserviceprovider #financemangement #fintech #financialservices #msmeindia #charteredaccountant #companysecretary

RBI Flags High Delinquency Levels For Fintech Lenders In Below INR 50K Loan Category #businessnews #startuplife #startupnewscenter #startupstory #startupindia #india #startup #startupnewsupdates #startupnews #BusinessNews #startupnewsdaily #buildingstartups #businessnewsindia #startupbusiness #RBI #rbi

Finding it difficult to secure a bank loan? The current economic conditions can make loan-seeking daunting, presenting additional challenges for #startups. Banks may impose stricter #lending criteria, and angel investors may demand too much in return. It’s probably time to consider alternative #funding options with different criteria. These alternatives provide a distinct set of eligibility requirements, offering opportunities for growth and innovation, free from the limitations of traditional methods. Continue reading to explore the best alternative financing options for your startup! #Seedefy #businessstrategy #entrepreneur #investment #loan #unicorn #VC #southeastasia #startupculture #techstartup #finance #financing #startupecosystem #startupsupport #techcommunity #Revenue #Investor

"I don't need a thousand options—I just need the one that hits like a bullseye. Focus beats volume every time. 🏹💡" 🌟 Calling All Changemakers: Let’s Revolutionize SME Finance Together! SMEs are the unsung heroes of our economy—driving innovation, creating jobs, and shaping the future. And in a world where access to smart, flexible financing can make or break their journey, the stage is set for visionary entrepreneurs to step up. Companies like Oxyzo have shown us what’s possible: ✅ Collateral-free loans ✅ Pay As Per Usage models ✅ Lightning-fast 48-hour processing ✅ Customized credit solutions But let me tell you this: the game has just begun. I’m here to back the bold. If you’re a dreamer with a disruptive idea in SME finance—be it purchase order finance, invoice discounting, or innovative credit lines—I’m ready to invest. Not just money, but the right networks, strategic guidance, and everything needed to build a powerhouse in this space. 💡 Why wait for tomorrow’s opportunities when we can create them today? Let’s partner, co-create, and launch the next big name in SME finance. I’m all in. Are you? 💬 DM me, and let’s get this revolution started! #InvestInInnovation #SMEFinance #FutureOfBusiness #Entrepreneurship #FintechTransformation #mumbai #investor #finance #india #trillion

𝐅𝐢𝐧𝐝𝐢𝐧𝐠 𝐘𝐨𝐮𝐫 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐅𝐢𝐭: 𝐃𝐞𝐦𝐲𝐬𝐭𝐢𝐟𝐲𝐢𝐧𝐠 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐂𝐫𝐢𝐭𝐞𝐫𝐢𝐚 #FinsmartAdvisory The funding journey can feel like navigating a maze, especially when seeking capital from financial institutions. Here's a secret: understanding their "𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘤𝘩𝘦𝘤𝘬𝘭𝘪𝘴𝘵" can be your roadmap to success! Think of it like a 𝐜𝐨𝐦𝐩𝐚𝐭𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐭𝐞𝐬𝐭 for your business. 𝐁𝐞𝐥𝐨𝐰 𝐚𝐭𝐭𝐚𝐜𝐡𝐞𝐝, 𝐢𝐬 𝐚 𝐬𝐧𝐞𝐚𝐤 𝐩𝐞𝐞𝐤 𝐨𝐟 𝐚 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧'𝐬 𝐜𝐫𝐢𝐭𝐞𝐫𝐢𝐚 (𝘯𝘢𝘮𝘦𝘴 𝘸𝘪𝘵𝘩𝘩𝘦𝘭𝘥 𝘧𝘰𝘳 𝘤𝘰𝘯𝘧𝘪𝘥𝘦𝘯𝘵𝘪𝘢𝘭𝘪𝘵𝘺). Remember, this is just a glimpse! Each Institution has its own unique criteria. 𝐂𝐮𝐫𝐢𝐨𝐮𝐬, 𝐢𝐟 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐢𝐬 𝐚 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐦𝐚𝐭𝐜𝐡? At Finsmart Advisory, we've been guiding companies through the intricacies of securing funding for years. We can help you tailor your pitch to match the criteria of the ideal financial institution and navigate the process with confidence. Let's schedule a quick chat to explore your funding options! https://lnkd.in/g47MHuTK ARVINDER SINGH Gaurav Goswami Karanjeet Singh, ACA, CFA, MBA #investmentbanking #fundingsolutions #financialservicesindia #AlternateInvestmentFund #India #finance #financialworking #debt #equity #startupecosystem #startups #entrepreneurship #jobsinfinance #financialknowledge #startupfunding #funding #growthcapital #innovation #technology