The Week that Was: Indian Startup News Overview (14th September- 20th September)


Funding News: FinBox Raises $40 Million to Boost AI Powered Digital Lending Startup: FinBox  Founders: Rajat Deshpande, Anant Deshpande, Nikhil Bhawsinka, and Srijan Nagar

About us: Moshpit Technologies Private Limited (referred to as FinBox) offers a product suite and credit infrastructure that enables businesses to provide tailored credit products to their customers and partners. FinBox has built a state-of-the-art credit infrastructure that simplifies operations and allows companies to focus on growing their business, while FinBox manages the credit processes.

Founded Year: 2015

Office: Bengaluru, Karnataka

Sector: Financial Services

Funding Round: Fresh

Investors: WestBridge Capital

Also Read: iDO Devices Raises $4Million to Accelerate Tech Product Innovation

Bengaluru based fintech startup FinBox has raised $40 million in a new funding round led by WestBridge Capital, with support from A91 Partners and Aditya Birla Ventures. The company plans to use the capital to enhance its AI driven digital credit infrastructure, launch a fraud intelligence suite, and expand its global presence.

Website: https://www.finbox.in