SME Corner raises Rs.90 crore in Equity, Debt

Date posted: Wednesday 6 March 2019

Mumbai-based digital lending startup SME Corner has raised Rs.90 crore in fresh funding in a mix of debt and equity. While Rs.35 crore of equity capital has come from Accion Frontier Inclusion Fund managed by Quona Capital, another Rs.10 crore was infused by existing investors including Accion Venture Lab. Besides the equity funding, Rs.45 crore of debt funding came from institutions like Northern Arc and Vivriti Finance.

(ET Tech)