Funding
Seeds Fincap raises $8.5 million Series A
By Startup Enthusiast ·
- Date
- Company
- Seeds Fincap
- What it does
- Lok, Matrix lead round
- Kind
- Funding
- Amount
- $8.5 Mn
- Stage
- Series A
- Based in
- Gurugram
- Founded
- 2021
What they do
Lok Capital and Matrix Partners India, now called Z47, led a Series A of over $8.5 million
What happened
Proceeds will grow lending, upgrade technology and add branches; loans range from Rs 1 lakh to Rs 5 lakh
Why it matters
The lender then ran 90 branches across eight states, giving secured and unsecured loans to small firms
The details
- Series A of over $8.5 million, about Rs 70 crore.
- Led by Lok Capital and Matrix Partners India (now Z47).
- Money is for lending, technology and new branches.
- Loans are Rs 1–5 lakh, secured and unsecured.
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
- InnoVen Capital lends venture debt to Seeds Fincap18 December 2023 · Funding
- Seeds Fincap raises $6 million Series A115 September 2023 · Funding · Rs 50 Cr
- Seeds Fincap opens 51st branch in Bihar26 November 2022 · Launch