Pocketly raises $3 Mn in pre-Series A round

Fintech lending platform Pocketly has raised $3 million in debt and equity as part of its pre-Series A round. The round was led by Dholakia Ventures, it also had participation from notable Angels like Kunal Shah, Apurva Parekh (Pidilite), Siddharth Somaiya (Organic Riot) and Aaryaman Vir Shah. The round include $1 million in equity and $2 million in debt. Founded by Aarav Bhatia and Navdeesh Ahuja in 2019, Pocketly provides a credit line with a fully digital and automated process through its platform for young adults underserved by Banks and has grown 10x in the last year.  Continue reading Pocketly raises $3 Mn in pre-Series A round at Entrackr.

Pocketly raises $3 Mn in pre-Series A round

Pocketly raises $3 Mn in pre-Series A round

Fintech lending platform Pocketly has raised $3 million in debt and equity as part of its pre-Series A round. The round was led by Dholakia Ventures, it also had participation from notable Angels like Kunal Shah, Apurva Parekh (Pidilite), Siddharth Somaiya (Organic Riot) and Aaryaman Vir Shah.

The round include $1 million in equity and $2 million in debt.

Founded by Aarav Bhatia and Navdeesh Ahuja in 2019, Pocketly provides a credit line with a fully digital and automated process through its platform for young adults underserved by Banks and has grown 10x in the last year.