Tech Company Financing Transactions
Electronica Finance Funding Round
Aavishkaar Capital and LeapFrog Investments participated in a $48 million venture round for Electronica Finance. The round was announced by the company on 4/4/2024.
Transaction Overview
Company Name
Announced On
4/4/2024
Transaction Type
Venture Equity
Amount
$48,000,000
Round
Undisclosed
Investors
Aavishkaar Capital (Anurag Agrawal)
LeapFrog Investments (Stewart Langdon)
Proceeds Purpose
The investment aims to support Pune-based finance company's plans for funding MSMEs and rooftop solar projects.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Audumbar, 101/1, Erandwane, Dr Ketkar Road
Pune, Maharashtra, 411 004
India
Pune, Maharashtra, 411 004
India
Phone
Website
Email Address
Overview
The origin of the SRP Electronica Group was that of a manufacturing company started by a group of first-generation technocrats. With the experience of starting a new business also came the realization about the challenges, especially financial, that a typical SME business has to face. As a result, the group's understanding of machines, as well as manufacturing experience, was leveraged to start financing of machine purchases, which at that time was a pioneering effort.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shilpa Pophale
Chief Operating Officer
Amit Gadre
Chief Technical Officer
Srinivas Rapelli
VP - Administration
Ashutosh Puntambekar
VP - Bus. Development
Pankaj Bharate
VP - General Counsel
Mahesh Agrawal
VP - Human Resources
Rahul Kumar
VP - Sales
Anand Dharmadhikari
VP - Sales
Chanderkant Jaishali
VP - Sales
Marul Kapoor
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Where The Data Comes From
We record every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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