• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, June 21, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

FlexiLoans Raises Rs. 100 Cr from Multiple Investors

by Chinmay Bidkar
October 7, 2016
in News
Reading Time: 1 min read
0
Flexiloans
TwitterWhatsappLinkedin

You might also like

Apple in Early Talks to Acquire Perplexity AI, Its Largest Deal Yet

Eutelsat’s Shares Skyrocket as France Leads €1.35 Billion Investment in Satellite Future

Decade-Old Torrent Site Lands Greek Man in Prison Amid Renewed Piracy Crackdown

 

Flexiloans

7 October 2016, India :

Digital lending platform Flexiloans has received Rs. 100 crore equity from Sanjay Nayar, chief executive at PE firm KKR, along with other veterans of the investment and banking industry such as Vikram Sud, Anil Jaggia, Narayan Seshadri in their personal capacity as per The Hindu report.

“Such a digital platform would fill a much-needed service to underserved SMEs and consumers in India,” said Nayar, who manages nearly $5 billion of investments in global buyout giant KKR & Co’s India portfolio through various instruments including private equity, structured finance and real estate investments.

The funds will be utilized for business expansion and for further investment in its technology and marketing platform.

As per the terms of the deal, EpiMoney, a non-banking finance company founded by Nayar, Sud and Sheshadri, will be acquiring stake in FlexiLoans which will be the product platform.

FlexiLoans is founded by four Indian School of Business alumni -Deepak Jain,, Manish Lunia, Ritesh Jain and Abhishek Kothari. Source- The Hindu Businessline

Also read-
FLIPKART PREVAILS OVER AMAZON, SNAPDEAL
SHEROES ACQUIRES ONLINE PLATFORM GHARKAMAI
Tags: Anil JaggiaFlexiloansfundingInvestmentNarayan SeshadriSanjay NayarVikram Sud
Tweet54SendShare15
Previous Post

Flipkart Prevails Over Amazon, Snapdeal

Next Post

Matrimony.com is All Set to go for IPO in Coming Weeks

Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

Recommended For You

Apple in Early Talks to Acquire Perplexity AI, Its Largest Deal Yet

by Thomas Babychan
June 21, 2025
0
Apple in Early Talks to Acquire Perplexity AI, Its Largest Deal Yet

In recent weeks, Apple has been engaged in private discussions about a potential acquisition of the AI search startup Perplexity, according to sources familiar with the matter. These...

Read more

Eutelsat’s Shares Skyrocket as France Leads €1.35 Billion Investment in Satellite Future

by Harikrishnan A
June 21, 2025
0
Eutelsat’s Shares Skyrocket as France Leads €1.35 Billion Investment in Satellite Future

Eutelsat, the European satellite company, made headlines this week as its stock surged an impressive 31% on Friday. The rally came right after the company announced it had...

Read more

Decade-Old Torrent Site Lands Greek Man in Prison Amid Renewed Piracy Crackdown

by Harikrishnan A
June 21, 2025
0
Decade-Old Torrent Site Lands Greek Man in Prison Amid Renewed Piracy Crackdown

In a courtroom in Piraeus, Greece, silence quickly turned to shock when three police officers stepped forward, handcuffed a 59-year-old man, and led him away. Moments earlier, the...

Read more
Next Post
matrimony.com

Matrimony.com is All Set to go for IPO in Coming Weeks

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?