The company has recently raised Rs 8 crore in debt capital, Rs 5 crore from Wint Wealth (Ambium Finserve) and impact debt capital of Rs 3 crore from Caspian
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This latest ESOP allotment follows similar offerings in recent months, including 6,000 shares in July and 2,81,394 shares in June
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Over the next 3-5 years, Finqy aims to achieve unicorn status and solidify its position as India's foremost aggregation platform for financial intermediaries
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Sidak Singh, Co-founder of Care.fi says, "The funds will be instrumental in further scaling our book size. In the last financial year, our total disbursals increased by four times, with cumulative disbursals reaching USD 48 million (Rs 400 crore)
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