B Capital backs Indian fintech CredAvenue

The latest investment, part of a $137 million Series B round, brings CredAvenue’s valuation to $1.3 billion and propels it to unicorn status.

US and Singapore-headquartered venture capital firm, B Capital, has announced its investment in Indian debt marketplace, CredAvenue, as part of a $137 million Series B fundraising round. US alternative investment firms, Insight Partners and Dragoneer, also participated in the round alongside existing investors, the announcement said.

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