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Finnable raises ₹250 crore from Z47 and TVS Capital to expand digital lending reach
Digital lending startup Finnable has secured ₹250 crore in a funding round led by Z47 and TVS Capital, increasing its total capital base to ₹540 crore. The company plans to deploy the funds to expand its personal-loan and salary-advance portfolio to Tier-2 cities and enhance AI-based credit underwriting. Finnable currently serves over 700,000 users and targets profitability by FY 2026. The round follows rising fintech investment momentum as India’s digital credit market is projected to reach $200 billion by 2028.
positive
Finnable raises ₹250 crore from Z47 and TVS Capital to expand digital lending reach
Digital lending startup Finnable has secured ₹250 crore in a funding round led by Z47 and TVS Capital, increasing its total capital base to ₹540 crore. The company plans to deploy the funds to expand its personal-loan and salary-advance portfolio to Tier-2 cities and enhance AI-based credit underwriting. Finnable currently serves over 700,000 users and targets profitability by FY 2026. The round follows rising fintech investment momentum as India’s digital credit market is projected to reach $200 billion by 2028.
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Finnable raised ₹250 crore from Z47 and TVS Capital to expand AI-based digital lending to Tier-2 cities and broaden its loan portfolio by FY 2026.
Digital lending startup Finnable has secured ₹250 crore in a funding round led by Z47 and TVS Capital, increasing its total capital base to ₹540 crore. The company plans to deploy the funds to expand its personal-loan and salary-advance portfolio to Tier-2 cities and enhance AI-based credit underwriting. Finnable currently serves over 700,000 users and targets profitability by FY 2026. The round follows rising fintech investment momentum as India’s digital credit market is projected to reach $200 billion by 2028.
Digital lending startup Finnable has secured ₹250 crore in a funding round led by Z47 and TVS Capital, increasing its total capital base to ₹540 crore. The company plans to deploy the funds to expand its personal-loan and salary-advance portfolio to Tier-2 cities and enhance AI-based credit underwriting. Finnable currently serves over 700,000 users and targets profitability by FY 2026. The round follows rising fintech investment momentum as India’s digital credit market is projected to reach $200 billion by 2028.
Companies:
Finnable
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startups
funding
startups
funding
fintech
finnable
digital lending