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MyShubhLife raises $4 Mn to cater to India’s working class borrower

Shortpedia

Content Team
Image Credit: shortpedia

Bengaluru-based lending tech startup MyShubhLife (formerly known as Shubh Loans) has raised $4 Mn from Singapore-based early-stage venture capital firm Patamar Capital, alongside its existing investors. With its latest funding round, the company is looking to scale its digital loans business targetting the under-banked working class population in the country. The funds would be used to acquire new customers.