FlexiLoans.com (Flexiloans), India’s leading MSME-focused digital lending NBFC, announces a successful raise of ₹375 crores in its Series C funding round. This follows a ₹290 crore infusion in September 2024 taking the total funds raised to ₹ 665 crores over the last 6 months. The round was led by existing prominent global and domestic investors — Fundamentum, Accion Digital Transformation, Nuveen, Maj Invest — and welcomed new investor British International Investment (BII), the UK’s development finance institution.
Deepak Jain, Co-founder, Flexiloans, said: “We are pleased to have secured an additional ₹375 crores from our existing investors and are proud to welcome BII to our cap table. This round not only enabled us to return capital to our early investors, but also gives us the firepower to double down on our mission—empowering underserved MSMEs across India with fast, accessible financing to grow, scale, and thrive. With a total of ₹665 crores raised over the past six months, we are well-positioned to accelerate our growth and deepen our impact.”
The investment comprised of both primary equity to fuel operational expansion and secondary transactions to facilitate liquidity for existing investors. Prior to this round, the company raised capital from Sanjay and Falguni Nayar, MAJ invest, Fasanara capital along with other prominent family offices of erstwhile bankers.
The fresh capital will be used to expand operations, enhance product offerings, and strengthen technology infrastructure. This infusion will empower FlexiLoans to advance its mission of fueling the growth of Micro, Small, and Medium Enterprises (MSMEs) across India, driving financial inclusion, and unlocking new economic opportunities.