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# Indian fintech startup Credit Fair raises $10 million in seed round
- URL: https://www.techloy.com/indian-fintech-startup-credit-fair-raises-10-million-in-seed-round/
- Published: 2022-08-04T13:07:31.000Z
- Updated: 2022-12-07T22:15:35.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in India

[Credit Fair,](https://creditfair.in/) a fintech startup based in India has raised $10 million in its seed round funding, in a mixture of debt and equity financing led by LC Nueva AIF. 

- The fund will be used to improve its technology stack and customer experience at the point of sale, as well as launch its wealthtech platform: Credit Fair Capital.
- Founded in 2018, Credit Fair provides customized low-cost lending solutions and unsecured loans to businesses and consumers in India.
- The fintech has partnered with 1,000 merchants in offering financial solutions including upGrad, Nova, IVF, Design Cafe, Scaler, PristynCare and others, it claims.
- Capital A, Sattva Family Office, Nitesh Damani and Nikhil Chandra Gupta and existing investors: Anand Ladsariya, Neeraj Goenka, and Alok Agarwal invested in the latest round, bringing Credit Fair to $25 million raised since launch.