• FOUNDING YEAR: 2016
    LOCATION:
    India
    REGION:
    Delhi
    Last Update:
    13 Feb, 2020
    Company priority:
    In fund-raising mode.

Description

FOCUS

PRODUCTS & SERVICES:
Micro business loans to families and SMEs.
EXISTING PARTNERSHIPS:
The company has partnered with HomeCapital to extend unsecured credit at zero percent interest to first-time homebuyers.
COMMENT
Cash Suvidha has disbursed to 30,000+ borrowers and the average ticket size of loan is Rs 20,000- Rs. 5,00,000 (Jan 2018).

PEOPLE

MEDICI analysts will analyze Cash Suvidha soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$1 Million
DATE OF LAST FUNDING:
Mar 2018
TOTAL FUNDING COMMENT:
The company is planning to use the fund to increase the loan books of the company (Jan 2018).
SEED & PRIOR FUNDING:
$1 Million
SEED CLOSED ON:
Mar 2018
LISTED:
NO
COMMENT:
Total debt Financing: $5.2 M(Jan 2018)

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