Funding
Seeds Fincap raises Rs 50 crore pre-Series B
By Startup Enthusiast ·
- Date
- Company
- Seeds Fincap
- What it does
- Z47, Lok lead round
- Kind
- Funding
- Amount
- Rs 50 Cr
- Stage
- Pre-Series B
- Based in
- Gurugram
- Founded
- 2021
What they do
Existing backers Z47 and Lok Capital led a Rs 50 crore round, with Norinchukin Capital and Alteria Capital joining
What happened
Funds go to new regions, stronger technology and risk systems, ahead of the planned Series B
Why it matters
It runs 120 branches in eight states, has lent over Rs 1,000 crore and keeps bad loans below 2%
The details
- Pre-Series B of Rs 50 crore.
- Led by existing investors Z47 and Lok Capital.
- New investors: Norinchukin Capital, Alteria Capital.
- Money is for new regions and risk and technology systems.
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 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 raises $6 million Series A115 September 2023 · Funding · Rs 50 Cr
- Seeds Fincap opens 51st branch in Bihar26 November 2022 · Launch