SME-focused lending platform Clix Capital raises $40 million

Gurugram-based small and medium enterprise-focused lending platform Clix Capital has raised $40 million from private equity firm AION Capital. AION Capital is the largest shareholder in Clix with 85% stake. Co-founded in 2016 by Pramod Bhasin and Anil Chawla, Clix Capital was launched with the acquisition of commercial lending and leasing business of GE Capital in India, with AION's backing.