Singapore-based M&S Partners, led by founder and CEO Hiro Mashita, has invested $250,000 in Fairassets Technologies, the company behind peer-to-peer (P2P) lending marketplace Faircent. The latest deal values Gurgaon-based Fairassets, that was founded in 2013, at $8 million.
The deal materialised following Faircent’s participation in InnoTrek delegation, an initiative of IT industry body NASSCOM’s 10,000 Startups Programme.
