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Lending tech startup ePayLater raises INR 18 Cr from Pravega Ventures, others

Shortpedia

Content Team
Image Credit: shortpedia

ePayLater has raised INR 18 Cr from Pravega Ventures and from internal investors. It will use the funds to make further inroads in the B2B and SME lending market, with a focus on the retail segment. The startup, which offers buy now pay later (BNPL) products for consumers and lending products for businesses, claims to have disbursed close to 670 Cr in the last three years in the food and groceries retail segment alone.