India Digest: UniOrbit, Avail Finance in funding news

India Digest: UniOrbit, Avail Finance in funding news

Photo by Josh Appel on Unsplash

PayU co-founder and former Ola Financial CEO Nitin Gupta is in talks to raise as much as $18-20 million for his proposed fintech startup UniOrbit that will focus on SME lending. In a separate development, Avail Finance has secured as much as $11.5 million from Alphawave Incubation Fund and Matrix Partners.

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