Finova Capital raises undisclosed amount in Series A

Date posted: Wednesday 13 September 2017

Jaipur-based NBFC Finova Capital has raised an undisclosed amount in series-A funding from venture capital firm Sequoia India. The startup will use the funds for funding expansion plans and building out technology to smoothen the process of reaching out to rural customers, cut short the documentation process for loans and also for digitisation of KYC and documents required for applying for loan.

(ET Tech)