Bestdealfinance raises $3 mn in series A

Company wants to use proceeds to invest in technology infrastructure and customer support

Bestdealfinance raises $3M in series A
BS Reporter Mumbai
Last Updated : Sep 22 2015 | 3:05 PM IST
Bestdealfinance.com announced that it has raised $3 mn in series A funding. The round was led by Kalaari Capital with participation from YourNest Angel Fund, Globvestor & Dexter Angel Circle.

The company, officials said, will use the money to invest in technology infrastructure and customer support.

Bestdealfinance is a financial services portal that addresses loan needs of individuals and MSMEs.

"Our business model is disbursement focused. Our algorithm helps customers choose the best loan deal and our integration with bank systems enabling a fast and hassle free process," said Manavjeet Singh, CEO and founder.

Bestdealfinance.com has partnership with over 40 financial institutions. The company was started by Singh and Sandeep Nambiar in February 2015.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 22 2015 | 2:32 PM IST

Next Story