India, June 10 -- Non-banking financial company (NBFC) FlexiLoans has secured INR 375 Cr (around $43.8 Mn) as a part of its ongoing Series C funding round.

The round, which was a mix of primary and secondary deals, was led by the NBFC's existing investor Nuveen, with participation from Fundamentum, Accion Digital Transformation and Maj Invest. UK's British International Investment also joined the captable.

The investment comprised both primary equity to fuel operational expansion and secondary transactions to facilitate liquidity for existing investors, FlexiLoans said in a statement.

It is pertinent to note that FlexiLoan's latest fundraise follows six months after it bagged INR 290 Cr in the first tranche of its Series C funding roun...