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Apnaloan raises Rs 15.6 cr from new investors
Mumbai, June 03: Financial services company Apnaloan.com India Pvt Ltd has raised Rs 15.6 crore in the third round of funding from new investors including ING Vysya Bank and Sibdi Venture Fund.
Mumbai, June 03: Financial services company Apnaloan.com India Pvt Ltd has raised Rs 15.6 crore in the third round of funding from new investors including ING Vysya Bank and Sibdi Venture Fund.
The Mumbai-based company marketing home loans, personal loans, insurance and credit cards would use these funds for creating additional sales and services delivery capabilities using email, SMS and voice, a company release said here on Monday.
The company would also offer life and general insurance products, it said.
Apnaloan chief executive officer Harsh Vardhan Roongta said, "The current inflow of investment reflects the confidence of the investors in Apnaloan's business model".
This round was co-led by FMO of the Netherlands and JumpStartUp Venture Fund. With the third round, Apnaloan has raised about US dollar six million (Rs 28 crore) since its inception in February 2000.
Bureau Report
The company would also offer life and general insurance products, it said.
Apnaloan chief executive officer Harsh Vardhan Roongta said, "The current inflow of investment reflects the confidence of the investors in Apnaloan's business model".
This round was co-led by FMO of the Netherlands and JumpStartUp Venture Fund. With the third round, Apnaloan has raised about US dollar six million (Rs 28 crore) since its inception in February 2000.
Bureau Report