i2iFunding.com raises 5 crores funding
i2iFunding.com, a prominent peer-to-peer lending platform announced on Thursday that it has raised a second round of angel investment worth Rs 5 crores.
The funding round was led by SucSEED Venture Partners, Manish Poddar, an entrepreneur and investor along with a group of angel investors from worldwide famous consulting and private equity firms. The investment will be used to strengthen technology, infrastructure and to expand geographically.
"We are developing the technology that can easily help to channel these savings to credit starved small borrowers. It is our mission to provide quick credit to small borrowers at appropriate interest rates. We will help the Government of India in its objective to further increase financial inclusion," said i2iFunding.com co-founder, Vaibhav Kum...