PaisaDukan Secures Additional Seed Funding of USD 225K

Mumbai, 7^th May 2018: PaisaDukan.com, a P2P Lending marketplace owned by Mumbai based FinTech start-up BigWin Infotech today announced second round of seed funding and secured USD 225K through angel investment. The company has raised USD 650K of seed funding last month that takes company to the total Seed investment of USD 875K till date.

Commenting on the recent funding, Mr. Rajiv M Ranjan, Founder & CMD of PaisaDukan said "Infusion of Additional Seed funding has showcased investors' confidence on our platform, as well as on our operations management and business strategy. We have filed our application for NBFC-P2P in Dec 2017 and awaiting response from RBI. Our platform is ready to go live along with mobile app as soon as we receive Certificate of Registration (COR) of NBFC-P2P from RBI. The current round of funding will boost company's progress and will help in hiring experienced key resources and expand our technology workforce." 

"We are also in discussion with couple of VCs who have shown interest for pre / 'A' series funding," added Mr. Ranjan.