Infinity Fincorp, a non-banking finance company (NBFC) based in Mumbai, has raised $15 million, or roughly Rs 130 crore, with $5 million from Archerman Capital and $10 million in equity from Jungle Ventures.

Traditional banking institutions frequently ignore micro-entrepreneurs, such as tea shop operators, vegetable sellers, electricians, plumbers, and tiny manufacturers, but Infinity offers loans to them.

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Shrikanth Ravalkar, the CEO of Infinity Fincorp, told ET that the second tranche was made when the Reserve Bank of India gave its clearance in October 2024.

About Infinity Fincorp Solutions

With 120 locations spread over eight states, Infinity says it has issued Rs 562 crore ($65.4 million) in the past 12 months.

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