Times Applaud

Perfios has secured around $70 Mn in a funding round. This makes it the tenth business that has joined the Indian unicorn club in 2022. Perfios has become a unicorn after raising around $70 million from its current investors Bessemer Venture Partners, and Warburg Pincus. The Bengaluru-based fintech startup has secured the amount in it Series C funding round. Earlier this month, the startup announced it will give Warburg Pincus and Bessemer India Holdings a total of 4,16,336 Series C CCPS. Warburg Pincus is pumping about $55 million, with Bessemer infusing the remainder. In addition, the business intends to raise roughly $40 million in debt funding this year. The new financing comes nearly 27 months after it raised $50 million in its Series B investment from Warburg Pincus and Bessemer Venture Partners. Several investors were said to have exited the firm at the time. Perfios is a credit decisioning and analytics firm founded in 2009 by V R Govindarajan and Deb...

Perfios has secured around $70 Mn in a funding round. This makes it the tenth business that has joined the Indian unicorn club in 2022. Perfios has become a unicorn after raising around $70 million from its current investors Bessemer Venture Partners, and Warburg Pincus. The Bengaluru-based fintech startup has secured the amount in it Series C funding round. Earlier this month, the startup announced it will give Warburg Pincus and Bessemer India Holdings a total of 4,16,336 Series C CCPS. Warburg Pincus is pumping about $55 million, with Bessemer infusing the remainder. In addition, the business intends to raise roughly $40 million in debt funding this year. The new financing comes nearly 27 months after it raised $50 million in its Series B investment from Warburg Pincus and Bessemer Venture Partners. Several investors were said to have exited the firm at the time. Perfios is a credit decisioning and analytics firm founded in 2009 by V R Govindarajan and Deb...