Financial ExpressNov 8, 2021Working capital financing platform for SMEs Cred Able gets $30M led by Plutus Wealth ManagementCredit and Finance for MSMEs: Cred Able said it would deploy funds to enhance its platform to further innovate and penetrate deeper into the ecosystem, to provide working capital solutions for small businesses, and to create debt capital market products for corp-orates and financial institutions.Credit and Finance for MSMEs: Working capital financing provider to small businesses, Cred Able on Wednesday announced a $30 million investment in its Series B round of funding led by Plutus Wealth Management LLP and its associates.Existing investor Oaks Asset Management also participated in the round.The startup has so far raised around $40 million with the previous round of $4.5 million raised in October last year.Read more at Financial Express
Credit and Finance for MSMEs: Cred Able said it would deploy funds to enhance its platform to further innovate and penetrate deeper into the ecosystem, to provide working capital solutions for small businesses, and to create debt capital market products for corp-orates and financial institutions.Credit and Finance for MSMEs: Working capital financing provider to small businesses, Cred Able on Wednesday announced a $30 million investment in its Series B round of funding led by Plutus Wealth Management LLP and its associates.Existing investor Oaks Asset Management also participated in the round.The startup has so far raised around $40 million with the previous round of $4.5 million raised in October last year.Read more at Financial Express
