Jerome, AZB, Tatva lead on SMECorner 47 crore fund raise from Capital First & Ors

Bar & Bench June 29 2018

SMECorner, the online lending platform has raised approximately around $7 million (Rs.47.5 crore) collectively from Capital First and the existing investors - Accion Africa-Asia Investment Company and a clutch of high net worth individuals.

The capital raised by SMECorner is a mix of both equity and debt wherein Rs.25 crore has been raised in debt and the rest Rs.22.5 crore is raised in equity.

Jerome Merchant + Partners

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