# FinAGG Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/finagg-technologies-pvt

- Industry: Software
- Headquarters: Noida, India
- Website: www.finagg.in
- Total disclosed funding: $11M
- Latest round: Series A (Jan 16, 2024)
- Investors on record: 6

## About

Based in Uttar Pradesh, India, and founded in 2020, FinAGG technologies Pvt. operates as a financial software company that offers credit solutions to retailers, distributors, and MSMEs that are a part of the brand’s supply chain. The company was founded by Nipun Kohli (CEO) and R. Srinivasan. In September 2022, FinAGG Technologies Pvt. raised USD 3 million in pre-series A funding led by BLinC and Prime Venture Partners.

The fintech organization offers its clients a digital credit card that makes the flow of goods and payments in the supply chain smooth. Offering credit to retailers, distributors, and suppliers helps them to push products and place orders in tandem which results in faster down streaming of products, accurate sales prediction, and better-scheduled manufacturing. It offers a credit limit of 100-150 percent of monthly purchases with a credit period of up to 90 days with a 3-4 percent interest rate for Enterprises, suppliers, distributors, and retailers.

## Funding rounds

- Series A, Jan 16, 2024, $10M — Tata Capital, BlueOrchard Finance, Prime Venture Partners, SIDBI, M/s Four SB Ltd.
- Seed, Dec 2, 2020, $1.3M — SeaBright Capital

## Investors

- SeaBright Capital (https://capitalatlas.ai/funds/seabright-capital) — Seed
- Tata Capital (https://capitalatlas.ai/funds/tata-capital) — Series A
- BlueOrchard Finance (https://capitalatlas.ai/funds/blueorchard-finance) — Series A
- Prime Venture Partners (https://capitalatlas.ai/funds/prime-venture-partners) — Series A
- SIDBI (https://capitalatlas.ai/funds/sidbi) — Series A
- M/s Four SB Ltd. — Series A