Sub-K: Fintech startup Sub-k secures Rs 75 Cr Series C round from Maj Invest

BASIX Sub-k, a startup that works with a vision to provide a technology-enabled transactional platform to the unbanked population, has raked in Rs 75 crore in a Series C funding round from Denmark's Maj Invest.Hyderabad-based Sub-k would utilize the fresh proceeds for strengthening its IT platform and product innovation so that the company is counted among the preferred fintech as well as the distribution partner for banks and financial institutions.Previously, Sub-k had raised Rs 35 crore in a venture round led by Accion and Nordic Microfinance Initiative in March 2018.Continue reading Fintech startup Sub-k secures Rs 75 Cr Series C round from Maj Invest at Entrackr.