Connect with us

The Plunge Daily

LoanKuber secures Rs 13 cr in Pre-Series A round

LoanKuber secures Rs 13 cr in Pre-Series A round

Funding News

LoanKuber secures Rs 13 cr in Pre-Series A round

Small businesses-focussed mortgage lender LoanKuber has raised Rs 13 crore in a pre-Series-A funding round led by Lets Venture and Inflection Point Ventures. LoanKuber will use the proceeds to hire more talent, enhance the existing tech stack and grow the loan book, a statement said.



It is an automated platform, enabling mortgage lending micro-SMEs against owned residential collateral. The automated platform enables it to lend with larger financial institutions, allowing them to be a low-cost mortgage lender to regional MSME lenders.


Also read: Audio OTT app Pocket FM raises $.22.4 mn from Lightspeed, Times Group, Tanglin

LoanKuber is currently operational in 10 cities across NCR, its founder Saurabh Nagpal said.


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top
Loading...