Rural fintech startup Navadhan Capital secured ₹111 Cr ($12.8 Mn) in a Series A round led by NABVENTURES Fund, with Prime Ventures, LNB Group, and others participating.
The funding will help scale its AceN platform, expand reach, and enhance lending solutions for rural businesses. Operating across 700 pincodes in five states, Navadhan has ₹700+ Cr in debt lines from 25+ banks and NBFCs.
Co-founder Nitin Agrawal welcomed investor support, while NABVENTURES highlighted the startup’s 12X growth in three years.
Leave a Reply