Investments
1
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Latest V. Raman Kumar News
Jan 4, 2022
According to the startup, the latest round of funding brings its balance sheet size to INR 800 Cr.Founded by V. Raman Kumar in 2016, CASHe is a non-bank, mobile-first, personal loan platform that claims to serve underserved digital customers in the country.CASHe is looking to expand its loan book to INR 3,000 Cr by increasing its user base to 1 Mn from a claimed 4 lakh presently.This phenomenon is driving personal loans which have grown 2.3 times by value and 3.8 times by volume in disbursal from FY17 to FY21.Between the same period, the average ticket size of personal loans has shrunk 40% to INR 1.5 lakh from INR 2.4 lakh. Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
V. Raman Kumar Investments
1 Investments
V. Raman Kumar has made 1 investments. Their latest investment was in Vestec as part of their Series B - II on February 2, 2013.
V. Raman Kumar Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
2/4/2013 | Series B - II | Vestec | $1.5M | Yes | 1 |
Date | 2/4/2013 |
|---|---|
Round | Series B - II |
Company | Vestec |
Amount | $1.5M |
New? | Yes |
Co-Investors | |
Sources | 1 |
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