Debt platform CredAvenue announced the closing of its Series A funding round worth $90 million led by Sequoia Capital, co-led by Lightspeed, TVS Capital Funds, and Lightrock, among others. Avendus Capital is the exclusive financial advisor to CredAvenue on the transaction.
With this funding — one of the largest Series A rounds in the Indian startup ecosystem — the fintech startup is now valued at about $410 million.
