Fintech startup LivFin secures INR 35 Cr funding to expand operations
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Delhi-based fintech startup LivFin has raised INR 35 Cr from German development finance institution DEG, which is a subsidiary of KfW Group. LivFin and DEG signed an investment agreement last year, the company said in a statement. With the fresh capital, the company plans to strengthen the supply chain finance segment as well as expand its reach to the un-banked and under-banked segments of the SME eco-system of the country.