Avail Finance is a digital app that provides financial support to the underserved segments. With a quick and easy application process and constant support to queries, Avail provides solutions at very low costs to a sector neglected by traditional banking systems.
Location: India, Karnataka, Bengaluru
Employees: 51-200
Total raised: $28.96M
Founded date: 2017
Investors 2
| Date | Name | Website |
| - | Matrix Par... | matrixpart... |
| - | Alpha Wave... | alphawaveg... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 28.08.2020 | Series B | $11.76M | - |
| 14.03.2018 | Series A | $17.2M | - |
Mentions in press and media 16
| Date | Title | Description |
| 20.04.2022 | Bhavish Aggarwal’s Brother To Make $16.5 Mn In Shares & Cash In Ola-Avail Deal | Ankush Aggarwal, the founder of Avail Finance, will make $16.5 Mn in shares and cash from the Ola-Avail Finance deal. Bhavish Aggarwal-led ANI Technologies, the parent company of Ola, is acquiring neobank Avail Finance for $49.6 Mn. Ankush ... |
| 11.04.2022 | Bhavish Agarwal’s Brother To Lead Ola Financial Post Avail’s Acquisition | After two weeks since Bhavish Aggarwal-led Ola announced to acquire neo-bank Avail Finance, the IPO-bound cab-hailing and superapp in the making firm’s board has approved the acquisition of Avail Finance in a share swap deal worth $50 Mn. A... |
| 25.03.2022 | 🇮🇳 Roundup: Ola to buy neobank to bolster fintech offering (Updated) | BlockchainNewsSocial Enterprises Kul Bhushan · 25 Mar 2022 · 3 min read🇮🇳 Roundup: Ola to buy neobank to bolster fintech offering (Updated) Update (March 25, 7.55 p.m. SGT): Adds news on Indiamart’s acquisition of Livekeeping and SparkCogni... |
| 17.05.2021 | India Deal Monitor: Digital lender Avail Finance raises $3.2m and more updates | Premium Avail Finance, a Bengaluru-based online lending startup, has raised $3.24 million in its latest funding round led by Indian venture debt provider Alteria Capital. The startup, founded by Ankush Aggarwal and Tushar Mehndiratta in Feb... |
| 03.05.2021 | Bengaluru-Based Fintech Startup Avail Finance Raises Rs 24Cr In Debt Financing | Avail Finance, a Bengaluru-based neo banking startup focused on improving the financial health of the blue-collared workforce, has raised Rs 24 crore in debt financing led by Alteria Capital. Started by Ankush Aggarwal and Tushar Mehndiratt... |
| 03.05.2021 | [Funding alert] Avail Finance raises Rs 24Cr in debt financing led by Alteria Capital | Bengaluru-based neobanking startup Avail Finance — which brings the blue-collared workforce under the financial umbrella — on Monday said it has raised Rs 24 crore in debt financing led by Alteria Capital. To date, the startup has raised $2... |
| 03.05.2021 | Avail Finance Raised INR 24 Crores Venture Debt From Alteria Capital | Bengaluru-based Avail Finance, a neo-banking start-up that aims to bring the blue-collared workforce into the financial system, has raised INR 24 crore in debt financing led by Alteria Capital. To date, the start-up has raised $21.6 million... |
| 11.03.2021 | High-Stakes: Matrix Partners India | High-stakes is a unique series that focuses on dissecting the investments of venture capital and private equity firms to gain insights about the portfolio of companies they’ve invested in, industries they focus on, and their investment proc... |
| 28.08.2020 | Avail Finance raises $11.5 mn from Alphawave Incubation, Matrix Partners: Reports | Shweta Sharma 28 Aug, 2020 Bengaluru-based Goddard Technical Solutions, which operates and owns online lending platform Avail Finance, has raised Rs 85.6 crore ($11.5 million) in a Series B funding round from Alphawave Incubation Fund and M... |
| 28.08.2020 | Avail Finance raises nearly Rs 86 crore in Series B funding round from Alphawave, Matrix | Avail Finance, a blue collar-focused lending startup has raised a fresh round of funding from Alphawave Incubation Fund and Matrix Partners after a gap of nearly 13 months. The Bengaluru-based company raised Rs 85.6 crore in a Series B fund... |
Show more