The Bengaluru-based fintech NBFC, which focuses on digital loans against property (LAP), has also raised Rs 110 crore in debt from IDFC First Bank and Axis Bank, and is in talks with several PSU banks and large NBFCs for co-lending partnerships. The fresh funds will be used to scale up the fintech startup's technology infrastructure, artificial intelligence (AI) systems, and expand across tier-III markets.
