Friday, 24 March, 2023

EarlySalary raises $110M at valuation of $300M

<p>Fintech for digital lending EarlySalary has secured $110M (about Rs 878.8 Cr) from investors co-led by TPG&#39;s Rise Fund and Norwest Venture Partners. The Pune-based company stated that it intends to utilize the investment to expand the scope of its BNPL business, increase its footprint to 150 locations, and accelerate the growth of its loan book. Piramal Capital &amp; Housing Finance, an existing investor in EarlySalary, also took part in the round.</p>