Tech Company Financing Transactions
Financepeer Funding Round
Financepeer, operating out of Mumbai, raised $31 million from Aavishkaar Capital, QED Investors and 9Unicorns.
Transaction Overview
Company Name
Announced On
4/20/2022
Transaction Type
Venture Equity
Amount
$31,000,000
Round
Series B
Investors
Aavishkaar Capital (Lead Investor)
QED Investors (Lead Investor)
Proceeds Purpose
Financepeer plans to use the fund to enhance its technology platform and offerings, expand and strengthen its education-institution partnerships and deepen its reach in rural areas.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Plot No. 169, RSC II S.N. 120, Versova, Andheri (W)
Mumbai, 400053
India
Mumbai, 400053
India
Phone
Website
Email Address
Not Recorded
Overview
Financepeer is an AI-based peer-to-peer lending platform that offers loans to students to pay school and college fees.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Operating Officer
Naveesh Reddy
Chief Technical Officer
Debi Prasad Baral
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We document every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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