Lendingtech startup CredAble raises $30 Mn; eyes INR 5,000 Cr monthly loan disbursal by FY22


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Mumbai-based fintech startup CredAble has raised $30 Mn from Plutus Wealth Management and existing investor Oaks Assets Management (formerly Alpha Capital). The fintech startup aims to use the funds to enhance its platform to provide tailor-made working capital solutions for small businesses and for building innovative debt capital market products for corporates and financial institutions.