New Delhi, March 19 -- National, 19 March 2025: Rural-fintech Navadhan has raised Series A equity funding round with its initial target of 80 Cr oversubscribed to 111 Cr. The round is led by NabVentures, the venture Capital arm of NABARD. Prime Ventures is the co-lead with participation from LNB Group, also an LP in VC funds/ AIFs investing in tech startups. Other existing investors also doubled down - Varanium NexGen Fintech Fund, Gemba Capital, Faad, VC-Grid and Anicut.

In the last 3 years,Navadhan has closed 4 funding rounds. The new 111 Cr Series-A funding will be used to fuel business growth and enhance the company's AceN tech platform. It already has over 700 Cr of debt lines available from more than 25 Bank/ NBFCs onboarded on its...