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# India-based fintech lending startup StrideOne secures $32 million
- URL: https://www.techloy.com/india-based-fintech-strideone-secures-funding/
- Published: 2022-05-31T18:09:47.000Z
- Updated: 2022-12-08T01:05:21.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in India

[StrideOne,](https://www.strideone.in/) a fintech lending platform based in India has secured $32 million in its new funding round led by Elevar Equity. 

- The funds will be used to build out its products to facilitate credit and non-credit needs for startups and MSMEs.
- StrideOne is a financial service providing firm, offering a loan distribution mechanism in India.
- The firm has acquired EzCred, a tech company to improve its tech-driven acquisitions in 2022\.
- The new investment comes in equity from Elevar Equity and debt from top Indian brands.