FlexiLoans Secures Rs 75 Crore Debt from JM Financial - Funding Raised

FlexiLoans Secures Rs 75 Crore Debt from JM Financial

MSME-focused fintech lender FlexiLoans has raised Rs 75 crore through non-convertible debentures from JM Financial. This debt, with a 12.05% annual interest rate and a 24-month tenure, will support ongoing operations. FlexiLoans is also poised to secure $35 million from Fundamentum, further bolstering its growth trajectory.

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