FlexiLoans Boosts MSME Growth with $45M Series C Funding
Deal News | Jun 11, 2025 | Frontier Investments Group
FlexiLoans, a prominent digital lending Non-Banking Financial Company (NBFC) in India, has successfully secured approximately $45 million in its Series C funding round, contributing to a total of $80 million raised over the past six months. The round was led by existing investors such as Fundamentum, Accion Digital Transformation, Nuveen, and Maj Invest, along with new participant British International Investment. The funds are earmarked for operational expansion, product enhancement, and bolstering technology infrastructure, driving the firm's mission to support India's underserved Micro, Small, and Medium Enterprises (MSMEs), particularly those in Tier 2 and Tier 3 cities. With a fully digital platform, FlexiLoans has emerged as a pioneer in India’s digital lending sector, simplifying financial access for MSMEs through strategic ecosystem partnerships and innovative technology. The company has disbursed over $1,200 million in loans with a significant portion of customers being first-time business loan borrowers in smaller cities. FlexiLoans’ digital-first model of financing stands testament to its commitment to financial inclusion, painting a promising future for digital lending in India.
Sectors
- Financial Services
- Venture Capital
- Technology
Geography
- India – FlexiLoans operates within India, focusing on the Indian MSME market, particularly in Tier 2 and Tier 3 cities.
- United Kingdom – British International Investment, a new investor involved in the funding round, is based in the United Kingdom.
Industry
- Financial Services – The article centers around FlexiLoans, a digital lending non-banking financial company, which falls under the Financial Services sector.
- Venture Capital – The involvement of investors like Fundamentum and others in the funding round classifies the article within the Venture Capital sector.
- Technology – FlexiLoans leverages technology for digital lending solutions, making the Technology sector relevant.
Financials
- $45 million – Amount raised by FlexiLoans in its latest Series C funding round.
- $80 million – Total funding amount raised by FlexiLoans over the past six months.
- $1,200 million – Total amount disbursed by FlexiLoans in loans to date.
- $277 million – Assets under management by FlexiLoans.
- $400 million – Loan disbursements by FlexiLoans in FY25.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| FlexiLoans | Target Company | Company | FlexiLoans is a leading digital lending platform in India, focusing on empowering MSMEs with accessible financial solutions. |
| Frontier Investments Group | Private Equity Firm | Company | Frontier Investments Group is a private equity firm that participated in FlexiLoans' funding round. |
| Fundamentum | Investor | Company | Fundamentum is a venture fund involved in FlexiLoans' Series C funding round, focusing on tech-driven startups. |
| Accion Digital Transformation | Investor | Company | Accion Digital Transformation provides financial service providers with growth capital and strategic support. |
| Nuveen | Investor | Company | Nuveen is an investment manager offering a range of investment solutions, involved in FlexiLoans' funding. |
| Maj Invest | Investor | Company | Maj Invest is a Danish asset management company participating as an investor in FlexiLoans' funding. |
| British International Investment | New Investor | Company | British International Investment is the UK's development finance institution and new investor in FlexiLoans' Series C round. |
| Unitus Capital | Advisor | Company | Unitus Capital acted as the exclusive advisor for FlexiLoans' transaction. |