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CredAvenue raises $90 mn in one of India's biggest Series A round
short by Krishna Raj / on Wednesday, 29 September, 2021
Debt platform CredAvenue said it has raised $90 million in equity capital in a funding round led by Sequoia Capital and co-led by Lightspeed, Lightrock and others. The funding, which is one of the largest-ever Series A round in India, values the Chennai-based startup at $410 million. CredAvenue, founded in 2020, said it has facilitated transactions worth $9 billion.
read more at Moneycontrol