FinBucket Raises INR 12 Crore to Expand its Loan Offerings
FinBucket.com , a loans and investments marketplace, has raised INR 12 Crore ($2 million) from Impanix Capital. The FinBucket platform helps to connect lenders and borrowers in India more efficiently by providing a user-friendly experience for consumers. It leverages a broader set of data which was not traditionally available to financial institutions in the market.
FinBucket currently offers personal loan, home loan, business loan, credit card and mutual funds. Their unique match machine algorithms increase the chances of loan approval by connecting consumers to the right lending partner.
FinBucket intends to use these funds in the growth of their business and reaching out to people who are in need of secured loans as well as unsecured loans. FinBucket is dedicated to serve th...