According to reports by Iamwire, Capzest, a Mumbai, India-based online lending platform, raised $200k in seed funding.
The round was led by Lion Ventures with participation from Anurag Mehrotra, Varun Dua, Amit Tambe, Vikas Jhunjhunwala, and others.
Co-founded by Sayantan Sarkar and Rohan Adlakha, and also led by Ayush Gajwani, Capzest has just launches a digital lending platform partnering with banks and NBFCs to provide personal and business loans.
The company now intends to use the funds to expand operations by hiring new people and launching new product loans.
FinSMEs
10/02/2016