Online lender CASHe said it raised Rs 140 crore in funding from Singapore-based fintech firm TSLC, bringing its total balance sheet size to over Rs 800 crore.
Of the Rs 800 crore, Rs 500 crore was raised via debt from private banks and NBFCs.
The startup said it will use funds from the latest round to expand its loan book to Rs 3,000 crore, double its team strength across portfolios, and strive to add more users — nearly one million versus the existing four lakh — on its platform.