New Delhi, June 19 -- Non-banking financial company Techfino has raised Rs 65 crore in funding from Stellaris Venture Partners and Saison Capital, the venture capital arm of Tokyo-listed financial services firm Credit Saison.

The tech-enabled NBFC plans to utilise the capital to expand its branch network, enhance its technology platform, and scale its secured lending operations targeting micro, small, and medium enterprises.

The Bengaluru-based company specialises in providing Loan Against Property services to MSMEs operating in Tier II and III cities across Karnataka, Gujarat, Madhya Pradesh, and Andhra Pradesh.

Techfino operates through a branch-driven model and also offers education loans via a business-to-business-to-consumer appro...