Avanti Finance, the technology-led NBFC, has further raised $15 million in Series A2 round from existing investors Oikocredit, Nomura, The Bill & Melinda Gates Foundation, and Dr K R Shroff Foundation.
With this, Avanti Finance completed its Series A and debt funding round, raising a total of $41 million.
Avanti will use the funds to strengthen its deep tech platform, bolster data science, enhance its product suite, and expand the team to enable access to affordable credit and financial empowerment to unserved and underserved households in India.
