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Electronica Finance Limited
https://www.electronicafinance.com/Last activity: 06.04.2024
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Electronica Finance Limited (EFL) is a leading Non Banking Finance Company (NBFC) catering to the MSME sector devoted to achieving sustainable and balanced economic development through value based financial services with 160+ branches across India.
Location: India, Maharashtra, Pune
Employees: 1001-5000
Phone: +91 83903 04246
Total raised: $63M
Founded date: 1990
Funding Rounds 2
Date | Series | Amount | Investors |
05.04.2024 | Series B | $48M | Leapfrog I... |
06.08.2023 | - | $15M | - |
Mentions in press and media 5
Date | Title | Description |
06.04.2024 | Electronica Finance Secures Leapfrog Funding for Growth | Electronica Finance Limited (EFL) recently secured a substantial $48 million in Series B funding from LeapFrog Investments and Aavishkaar Capital. This injection of capital will fuel the expansion of EFL's MSME credit, rooftop solar financi... |
05.04.2024 | Electronica Finance Secures USD 48 Mn in Series B from LeapFrog and Aavishkaar The funding will allow the Pune-based platform to scale up MSME credit, rooftop solar financing, and microloan-against-pr... | - |
05.04.2024 | Deals in brief: Pro-Net secures MYR 200 million from CIMB Bank, Mitsui and Rohto jointly acquire Eu Yan Sang, Hyundai becomes top shareholder of KT, and more | NewsDeals in brief: HD, WasteX, and Viruma secure funding, Animoca Brands invests in Xion, 14 China and India deals, and more Written by KrASIA Writers HD, WasteX, Viruma, and more led yesterday’s headlines: HD, a health tech startup, secur... |
04.04.2024 | Electronica Finance secures $48 m in Series-B funding led by LeapFrog Investments | Electronica Finance Limited (EFL) announced that it agreed upon $48 million of new funding. The equity round was led by LeapFrog Investments, with participation from Aavishkaar Capital. Encourage Capital, a US-based impact asset manager, wa... |
04.04.2024 | LeapFrog leads $48 mn Series B funding in Electronica Finance | Shilpa Pophale, MD and CEO, Electronica Finance Electronica Finance Ltd, which provides loans to micro, small and medium enterprises (MSME), Thursday said it has raised $48 million (Rs 400 crore) in a Series B funding round. The equity roun... |