Aeries Financial Technology Private
Latest round
- Series A
Last raised
- Apr 2017
Total raised
- Undisclosed
Investors
- 1
About Aeries Financial Technology Private
Founded in 2016, Aeries Financial Technology Private Limited operates from Mumbai, India. The company specializes in offering financial services, primarily focused on personal loans.CASHe is a digital financial services platform primarily offering instant personal loans to salaried professionals across India.3,00,000, with repayment tenures varying from 9 to 18 months. By leveraging advanced technology, including a proprietary algorithm known as the Social Loan Quotient (SLQ), CASHe creates a nuanced credit profile for its users, which allows for quick approvals and disbursals of funds within minutes. The service targets a diverse customer base, including millennials and working professionals in urban and rural regions, addressing various financial needs such as medical expenses, travel, and consumer purchases.50 in the most recent year, 2023. The company's revenue model is primarily based on the interest charged on personal loans and various fees associated with its financial products. Users typically pay interest only on the amount utilized, with flexible repayment options that cater to different financial capacities. Additionally, Aeries Financial aims to bolster investments in operations, product development, data sciences, and technology to support its future growth initiatives.
Who invested in Aeries Financial Technology Private
1 investor across 1 round
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Funding rounds
Series A
Apr 1, 2017
Amount
Undisclosed
Investors
Questions about Aeries Financial Technology Private
Who invested in Aeries Financial Technology Private?
Aeries Financial Technology Private has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Aeries Financial Technology Private raised?
Aeries Financial Technology Private has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Aeries Financial Technology Private last raise money?
Aeries Financial Technology Private's most recent round on record is a Series A, in Apr 2017.
What does Aeries Financial Technology Private do?
Founded in 2016, Aeries Financial Technology Private Limited operates from Mumbai, India.
Where is Aeries Financial Technology Private headquartered?
Aeries Financial Technology Private is headquartered in Mumbai, India.
Which VCs invest in companies like Aeries Financial Technology Private?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Aeries Financial Technology Private's stage. Their profiles are linked below.
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