Jaipur-based Finova Capital, an NBFC lending to small businesses and service providers in small towns and rural areas, has raised $6 million from Sequoia India..Vertices Partners advised Finova Capital and the team was led by Partners Vinayak Burman and Archana Khosla along with Associate Manager Tanvi Pande..Sequoia Capital was represented by its in-house team – Sandeep Kapoor and Apurva Rai along with AZB & Partners..The AZB team was led by Partners Gautam Saha and Sachin Mehta along with Senior Associate Swati Chauhan..The lender will utilise the funds raised for expanding operations, investment in technology and talent acquisition, reported ET.
Jaipur-based Finova Capital, an NBFC lending to small businesses and service providers in small towns and rural areas, has raised $6 million from Sequoia India..Vertices Partners advised Finova Capital and the team was led by Partners Vinayak Burman and Archana Khosla along with Associate Manager Tanvi Pande..Sequoia Capital was represented by its in-house team – Sandeep Kapoor and Apurva Rai along with AZB & Partners..The AZB team was led by Partners Gautam Saha and Sachin Mehta along with Senior Associate Swati Chauhan..The lender will utilise the funds raised for expanding operations, investment in technology and talent acquisition, reported ET.
