AI fintech startup Flex doubles valuation to ₹11,500 cr in 6 months

AI fintech startup Flex raised $70 million in a series B1 funding round led by Halo Fund, valuing the company at around $1.2 billion (over ₹11,500 crore), more than double its valuation six months ago. The company targets mid-sized businesses, a segment it says is overlooked by traditional fintechs. Flex offers private credit, business finance, personal finance and payment services.