Funding
Seeds Fincap raises $6 million Series A1
By Startup Enthusiast ·
- Date
- Company
- Seeds Fincap
- What it does
- Lok Capital backs lender
- Kind
- Funding
- Amount
- Rs 50 Cr
- Stage
- Series A1
- Based in
- Gurugram
- Founded
- 2021
What they do
Lok Capital committed Rs 50 crore, about $6 million, in the Series A1 round; Rs 32 crore came in the first tranche
What happened
The money is growth capital for expanding in current and new regions across the country
Why it matters
The lender had 72 branches in six states and assets under management of Rs 212 crore
The details
- Lok Capital led a Series A1 of Rs 50 crore.
- The first tranche (instalment) of Rs 32 crore has closed.
- Funds go to new and existing geographies.
- The lender serves small businesses with custom products.
Investors
About Seeds Fincap
- Product
- Gurugram-based NBFC firm dedicated to promoting financial inclusion and supporting the growth of MSMEs across India
- Customers
- Underserved MSMEs and small businesses in India.
- How it makes money
- Provides business loans through an NBFC model, earning through lending income and related fees.
- What sets it apart
- Uses cash flow-based underwriting with tech-enabled sourcing and collections.
More on Seeds Fincap
- Seeds Fincap raises ₹100 crore Series B1 October 2026 · Funding · ₹100 Cr
- Seeds Fincap wins Gold client protection certification20 July 2026 · News
- Seeds Fincap raises Rs 50 crore pre-Series B12 August 2025 · Funding · Rs 50 Cr
- Seeds Fincap crosses Rs 500 crore AUM11 April 2025 · Results
- Seeds Fincap raises $4.5 million via NCDs30 July 2024 · Funding · $4.5 Mn
- Seeds Fincap raises $8.5 million Series A17 July 2024 · Funding · $8.5 Mn
- InnoVen Capital lends venture debt to Seeds Fincap18 December 2023 · Funding
- Seeds Fincap opens 51st branch in Bihar26 November 2022 · Launch