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Shubh Loans gets $4.8 million

15th October 2019
Shubh Loans gets $4.8 million
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Source: The Economic Times

Bengaluru-based digital loan facilitating startup Shubh Loans has raised $4.8 million (Rs 34 crore) from Omidyar Network India, as part of its Series-A round of funding.

Existing investors Saama Capital, Beenext, SRI Capital and Pravega Ventures also participated in the round.

The funds will help Shubh Loans expand its customer sourcing platform, augment its technology, and grow the data science team and credit scoring platform.

Read more here.