Companies raises $5-million Series A from Aavishkaar Capital

Our Bureau Mumbai | Updated on March 02, 2020

Gurugram-based has raised $5 million in Series A funding from Aavishkaar Capital., a fintech start-up launched in 2017 by entrepreneurs Vipul Sharma, Rajat Kumar, Sachin Arora and Mohit Goel, is building a marketplace bank to help small business owners become financially fitter. The start-up will use the funding to expand its product portfolio, scale up distribution across multiple cities and strengthen its artificial intelligence-powered technology platform, among others, it said in a statement.

ALSO READ: Harsha Bhogle invests in fintech start-up ChqBook

The Chqbook app offers more than 60 products with zero fee and negotiated rates. The start-up has served more than 2 lakh customers across 20 cities, the statement added.

Published on March 02, 2020

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like