DMI Sparkle Fund leads $4.5 Mn investment round in digital lending platform Abhi Loans


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KNAB Finance Advisors Private Limited, a regulated non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI), has raised $4.5 Mn in a mix of debt and equity round for its digital lending platform Abhi Loans. The funding round was led by DMI Sparkle Fund. The round also saw participation from other prominent angel investors such as Niten Malhan, Ashvin Chadha, S K Jain, among others.