Non-Banking Finance Companies (NBFCs) play a vital role in India's financial system, often reaching segments underserved by traditional banks. Now, NKC Finance, an RBI-registered NBFC focused on micro, small, and medium enterprises, has secured $2.5M in a seed funding round.
The capital will bolster its efforts to provide crucial credit to these businesses, simplifying the lending process and contributing to financial inclusion. The company is led by professionals with extensive experience in both banking and lending to small traders.
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