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Avanti - Financial Inclusion For 100 Million
https://avantifinance.in/Last activity: 11.12.2024
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Avanti is a digital financial inclusion platform operating under an NBFC and MFI license with a vision to make affordable financial services accessible to a 100 million unserved and underserved households. The company is co-founded by Mr Ratan Tata & Mr Nandan Nilekani through their philanthropy capital. For queries, please reach out to us at info@avantifinance.in.
Location: India, Karnataka, Bengaluru
Employees: 51-200
Total raised: $24M
Founded date: 2017
Investors 1
| Date | Name | Website |
| - | Michael &a... | dell.org/ |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 31.03.2023 | Series B | $24M | - |
Mentions in press and media 14
| Date | Title | Description |
| 12.12.2024 | Bridging the Gap: Financial Inclusion and Global Health Initiatives | In a world where financial barriers often dictate the quality of life, the recent funding success of Avanti Finance shines a light on the path to financial inclusion. This Bengaluru-based company has raised $14.2 million in a Series B1B2 fu... |
| 11.12.2024 | Financial inclusion platform Avanti Finance raises $14.2 M in Series B1B2 round Recommended Stories For You | Avanti Finance, a technology-led NBFC focused on financial inclusion, has raised $14.2 million (Rs 120 crore) equity funding from Dia Vikas Capital, existing investors IDH Farmfit Fund, NRJN Family Trust, and Rabo Partnerships, and select H... |
| 27.10.2023 | The Federal Bank and Avanti Finance Partner on Income Generation Loans for the Un/Underserved | Federal Bank, a leading Indian Bank and Avanti Finance, a digital financial inclusion platform, have entered into a co-lending partnership to enable hassle-free, affordable credit access to rural un/underserved borrowers. Avanti’s hyper-fle... |
| 28.10.2021 | Avanti Finance completes Series A and debt funding round, raises ₹306 crore | ‘Will use the funds to strengthen its deep tech platform, bolster data science, enhance its product suite’ Technology led NBFC Avanti Finance has further raised $15 million or about ₹111 crore in Series A2 from existing investors Oikocredit... |
| 28.10.2021 | Avanti Finance raises $15 mn in Series A from Oikocredit, Gates Foundation | Bengaluru-based Avanti Finance, a technology-led NBFC focused on financial inclusion, has raised a tranche of $15 million (Rs 111 crore) in its Series A round from existing investors Oikocredit, Nomura, The Bill & Melinda Gates Foundati... |
| 28.10.2021 | Avanti Finance Completes Series A And Debt Funding Round; Raises INR 306 Cr | - |
| 28.10.2021 | Avanti Finance raises $15 mn in Series A extended round from Oikocredit, others | Technology-led non-bank finance company (NBFC) Avanti Finance on Thursday said that it has raised $15 million (roughly Rs 111 crore) as a part of its Series A extended round from existing investors Oikocredit, Nomura, The Bill & Melinda... |
| 28.10.2021 | Avanti Finance raises $15 million in Series A extension | Avanti Finance raises $15 million in Series A extension Premium With this round, Avanti has concluded its Series A fundraise, raising a total of $41 million in a mix of equity and debt. 1 min read . Updated: 28 Oct 2021, 04:12 PM IST Livemi... |
| 11.04.2021 | Avanti Finance raises $26m funding and 12 more India deal updates | ResearchPremium Avanti Finance, a technology-led non-banking finance company, has raised $26 million in a Series A debt and equity funding round led by social impact investor Oikocredit, Bill and Melinda Gates Foundation, and Nomura. Techno... |
| 08.04.2021 | Avanti Finance Raises $26 Mn In Series A And Debt Funding Round Co-led By Oikocredit And Nomura | April 8, 2021 3 min read Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Bengaluru-based technology-led NBFC Avanti Finance, focused on fina... |
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