India, April 25 -- Delhi NCR-based Clix Capital has secured a debt funding of $6 Mn from DCB bank. As per the regulatory filing of the non-banking financial company, it is allotting around 1,00,000 non-convertible debentures (NCDs) to the bank with a tenure of 36 months.

Clix Capital will utilise the fresh capital for its working capital needs to grow its business.

The fundraise comes almost a year after Clix Capital raised INR 1,200 Cr debt funding from domestic and global investors. Of this, it secured around $20 Mn from the Global Climate Partnership Fund for onward lending for sustainable projects.

Founded in 2016 by Pramod Bhasin and Anil Chawla, Clix Capital offers business loans, loans against property, school financing, among o...