HomeFintechFintech startup NIRA secures $1Mn in seed round funding

Fintech startup NIRA secures $1Mn in seed round funding

Reader's Pick

An India based Fintech startup NIRA, on Tuesday announced that “It has secured $1 million in seed round funding from angel investors in India and U.K”

Rohit Sen, CEO of NIRA said, “While we were oversubscribed for this round, we felt this was just the right amount to help us grow our team, our technology, and our business.”

Adding to this, he said “We have been refining our product and strategy since we went live a few months back. Our focus will now be on executing our strategy and scaling up the size and reach of our operations.”

NIRA was founded in 2017 by former Goldman Sachs employee Rohit Sen and Nupur Gupta, NIRA provides small loans from RS 5000 to Rs 1 lakh and has partnered with Federal Bank of India.

Subscribe to our Newsletters

- Advertisement -

We don’t spam! Read our privacy policy for more info.

- Advertisement -

Read latest Business News and Startup news on TechGraph. Watch live and latest news on TechGraph TV. Follow us on Facebook or follow us on Twitter and Instagram. Listen audio news from TechGraph Briefings on Spotify, Google Podcast, Amazon Music & on Apple Podcast.

Krishna Mali
Krishna Mali
Founder & Editor of TechGraph.

Latest News

Promoted Links

Related Stories

Paytm Payouts transfers Rs 1,500 crores

India-based e-wallet company, PayTM said, "Its Paytm Payouts has transferred ov...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($2...

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's do...

Samsung Electronics asks its shareholders to use electronic voting for upcoming AGM

Technology giant Samsung Electronics has adopted electronic voting for the firs...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rah...

Employees union seeks FIR against Jet Airways boss Naresh Goyal, Vinay Dube and on SBI Chairman

The employee union of Jet Airways, which is facing its worst crisis, Friday sou...

Rajesh Bysani joins Brainly as its new CPO

A New York headquarter peer-to-peer learning platform, Brainly has announced th...

Trustt Launches First Major GPT Product Suite for Banking Industry

Trustt - a leading SaaS cloud-based banking solution provider, today announ...

Passwordless authentication platform 1Kosmos sees significant growth in India

1Kosmos, a leading multi-factor authentication solution provider has reported a...

KlarifyLife, an HDFC Life Initiative, Launches ‘Term Guide’

KlarifyLife, an initiative by HDFC Life, has launched 'Term Guide', a custo...