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Fintech Tech in India

India-based fintech lending startup StrideOne secures $32 million

StrideOne, 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

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated
India-based fintech lending startup StrideOne secures $32 million
Photo by Konstantin Evdokimov / Unsplash

StrideOne, 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.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated

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