Finodaya Capital has successfully raised $2.5 million in equity capital during its seed funding round, marking a significant milestone in its growth journey. The round was led by Singapore-based White Venture Capital (WVC), with additional participation from Gemba Capital and several angel investors from the banking and business community.
The company expressed its gratitude to key backers Sweta Rau, Amrish Rau, Jitendra Gupta and Saloni Jiwrajka of White Venture Capital for their trust and commitment in leading the funding round. Appreciation was also extended to Adith Podhar and Kamini Shivalkar of Gemba Capital, along with all participating angel investors for their invaluable support.
“This investment strengthens our vision of building a next-generation NBFC that caters to the evolving financial needs of small enterprises in India,” the company said in a statement.
Operating at the intersection of technology and personalised customer engagement, Finodaya Capital focuses on offering secured business loans tailored to the unique needs of micro and nano enterprises. The company’s “High Touch – High Tech” model aims to address the underserved credit segment with transparency, fairness and a customer-first approach.
