Fintech startup Finova Capital bags $65 Mn from Norwest Venture Partners, Others
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Fintech startup Finova Capital has raised $65 Mn in a funding round led by Norwest Venture Partners. Maj Invest and Faering Capital also participated in the funding round, with Faering returning as an existing investor. The startup has said that it will use the funds to grow its loan book and geographical reach, invest in technology and enable financial inclusion at scale for more MSMEs.