SME-focused LivFin nets venture debt from BlackSoil

LivFin India Pvt. Ltd, a financial technology firm focused on small and medium enterprises (SMEs), has secured $2 million (Rs 14.8 crore) venture debt from BlackSoil.  Rahul Chander, CEO, LivFin, said in a statement that the investment from BlackSoil has validated its processes that use technology to distribute credit.  LivFin, which began operations in 2018, has raised more than $35 …

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LivFin revs up for USD 15m Series A; Receptive to Appointing a financial advisor

LivFin, a Gurgaon, India-based digital lending non-banking finance company (NBFC) focused on supply chain financing, is set to kickstart Series A of up to USD 10m-USD 15m by October this year. The company is looking to sell a minority stake, said Harshad Malhotra, Director & Head – Business, LivFin. The company aims to close the fund raise in the next …

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