DSG Consumer Partners, American Express Ventures back
Online lending marketplace IndiaLends has secured $4 million (around Rs 27.3 crore) in its Series A funding round from existing investor DSG Consumer Partners. American Express Ventures, Chinese investment firm Cyber Carrier VC and Noida-based early stage fund AdvantEdge Partners also participated in the round. The firm will use the funds to expand its credit underwriting and analytics capabilities, offer more products and spread its footprint across India, it said in a statement.
Online lending marketplace IndiaLends has secured $4 million (around Rs 27.3 crore) in its Series A funding round from existing investor DSG Consumer Partners. American Express Ventures, Chinese investment firm Cyber Carrier VC and Noida-based early stage fund AdvantEdge Partners also participated in the round. The firm will use the funds to expand its credit underwriting and analytics capabilities, offer more products and spread its footprint across India, it said in a statement.
