LoanKuber, a digital mortgage platform for micro-SMEs, announced that it has raised $1.25 million as part of its ongoing Pre-Series A round. The current round saw participation from LetsVenture, AngelList India and Accolade.
It aims to use the funds towards building and expanding the team, enhancing the existing tech stack and rapidly growing its Assets Under Management to Rs 75 crore in the next 12 months.