Microlending startup SmartCoin has raised Rs 52.05 crore or close to $7 million in its Series B round from new and existing investors including Lightbox. The Bengaluru-based company had previously raised $7 million in Series A round in March 2020 and around $11 million in debt in July last year.
As per Fintarckr’s estimates, the company has been valued at Rs 502 crore or $67 million. The round appears to be ongoing one and it may mop up more capital.