Venture Capital
Former Infosycians' fintech platform indyFint has raised $2.1 million in a series A investment round led by the founding president at business process outsourcing services provider Allsec Technologies, Saravanan Adiseshan. The Bengaluru-based startup’s co-founder and former vice president at IT giant Infosys Rajiv Kuchhal also participated in the round. The capital will go into accelerating the platform’s product development and drive its market expansion efforts, a statement from the startup said. It has launched its small-ticket loans marketplace as it looks to offer a risk buffer for the lending ecosystem in the country.