NBFC InPrime Bags $3 Mn From InfoEdge, Others To Grow Beyond Indian Metros

NBFC Inprime has secured $3 million in funding from Info Edge and other investors to grow beyond Indian metros. This significant investment indicates confidence in Inprime's business model as a non-banking financial company. The capital injection will enable Inprime to expand its lending services to smaller towns and rural areas, tapping into underserved markets. Info Edge's participation, a prominent investor in tech and finance, further validates Inprime's potential. This strategic expansion aims to increase financial inclusion and capture new growth opportunities outside major urban centers.