Fintech startup FinAGG completed $11 million in Series A financing and will introduce blockchain underwriting business
Financial technology startup FinAGG Technologies has announced the completion of a $1.1 million Series A financing round, led by BlueOrchard and Tata Capital Limited, with participation from SIDBI and existing investor Prime Venture Partners. In addition, FinAGG also received funding from Gray Matter Capital through non-convertible debentures (NCDs). FinAGG co-founder Nipun Kohli stated that the company is introducing blockchain into the traditional insurance industry, aiming to provide a closed-loop credit solution for distributors, retailers, and small and medium-sized enterprises. Currently, its partners include Marico, PepsiCo, UGro, BluStar, and others.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ETH 10th anniversary—Bitget community carnival
[Initial Listing] Bitget Will List NERO Chain (NERO). Come and grab a share of 65,000,000 NERO
Notice: VND deposit service Back to Normal
[Initial Listing] Bitget Will List DePHY (PHY). Come and grab a share of 6,600,000 PHY
Trending news
MoreCrypto prices
More
