Arthan Finance Secured $6 Million In A Series-B Round Led By Incofin India Progress Fund & More 


Arthan Finance secured $6 million in a Series-B round led by Incofin India Progress Fund & more 
Arthan Finance secured $6 million in a Series-B round led by Incofin India Progress Fund & more 
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Non-Banking Finance Company, Arthan Finance Raised $6 Million In Its Series B Round. The Funding  Round Had The Participation Of Various Investors Including The Michael & Susan Dell And Incofin India  Progress Fund. This Angel Investor-Backed Startup Has Raised 10 Million Usd To Date. Michael & Susan  Dell Is An Existing Investor Of The Firm And Has Been Investing For A Long Time. 

Arthan Finance Secured $6 Million In A Series-B Round Led By Incofin India Progress Fund & More 
Image Source: Arthan Finance

The Startup Highlighted That This Investment Will Also Help The Startup To Grow Its Assets Under  Management, Expand Its Network, And Invest In More Advanced Artificial Intelligence And Machine  Learning-Based Underwriting Systems. The Founder And Director Of Arthan Finance, Kunal Mehta Said  That This Funding Round Was The Crucial Step For Future Growth Of The Startup. 

Arthan Finance logo

Image Source: Arthan.Finance 

The Company Is Committed To Enhancing Technical Aspects While Serving Small And Micro Enterprises.  He Added That This Partnership With The Help Of Incofin And The Michale & Susan Dell Will Help Them In  The Mission To Drive Financial Inclusion Across The Country. These Fresh Proceeds Will Be Used For Market  Expansion, Technological Advancement, And R&D Manufacturing. The Nbfc Also Offered A Secured And  Unsecured Loan Amount For Micro, Small, And Enterprises In Tier-I, And Tier-Ii Cities. The Startup Provides Growth Capital To Small Enterprises In Backward Towns And Operates In Telangana, Andhra Pradesh,  Maharashtra, And Odisha.  

The Startup Claims To Have Provided A Total Loan Amount Of Rs 500 Crore To More Than 20k Borrowers.  The Loan Amount Offered Varied From Rs 2,000 To Rs 20 Lakh Per Person. Kunal Mehta Said That The  Growth Capital From Piramal Will Be Used For Expanding The Network And Maintaining Its Position While  Advancing Its Technical Aspects. By Sealing This Investment, The Company Will Have More Advanced  Technical Skills, Scale-Up, And More Innovative Ideas. 

Conclusion: 

Arthan Finance Is An Nbfc Company That Has Secured A $36 Million Fund In Its Series B Round. The Round  Had An Investment Of $36 Million From New And Existing Investors Of The Firm Including Incofin India  Progress Fund And The Michael & Susan Dell. This Non-Banking Finance Company Mentioned That This  Investment Will Help Them Grow Their Aum. The Deal Was Done To Help Arthan Finance Grow Further In  The Market And Strengthen Its Position. This Angel Investor-Backed Firm Has Raised A Total Of 10 Million  Usd To Date. The Startup Highlighted That This Investment Will Also Help The Startup To Grow Its Assets  Under Management, Expand Its Network, And Invest In More Advanced Artificial Intelligence And  Machine Learning-Based Underwriting Systems. Kunal Mehta Mentioned That This Partnership With The  Help Of Incofin And The Michale & Susan Dell Will Help Them In The Mission To Drive Financial Inclusion  Across The Country. The Startup Provides Growth Capital To Small Enterprises Including Tier- I And Tier- Ii  Cities. The Startup Has Branches In Andhra Pradesh, Telangana, Maharashtra, And Odisha. This Funding  Amount Will Be Used For Market Expansion And Technological Advancement Of The Company.


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