Avail Finance raises $11.5 Mn round from Alphawave and Matrix
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Blue collar-focused lending startup, Avail Finance has raised Rs 85.6 crore~$11.5 million in a Series B funding round from Alphawave Incubation Fund and Matrix Partners. The fresh round for the Bengaluru-based company has come after a gap of 13 months. Alphawave Incubation which is managed by Falcon Edge Capital led the latest round by infusing Rs 57 crore, while the existing backer, Matrix Partners poured in Rs 30.2 crore.