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ProFinTech Pockets Funding To Mitigate MSMEs Challenges With Financial Solutions

Inc42 · 9m

ProFinTech Technologies, a deeptech-driven financial solutions provider, has raised $1.4 million in a seed funding round led by family offices of K.I. Varaprasad Reddy and Rahul Gedupudi. Other participants included family offices of Sreeman Chalasani and Srinivas Kalagara, as well as high-net-worth individuals and family offices from India and the US. The funding will be used to enhance ProFinTech's platform, which offers financing options to micro and small enterprises in India.