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Pune (Maharashtar) [India], August 30 (ANI/BusinessWire India): India's largest consumer lending fintech, EarlySalary, has closed its series D funding round of USD 110 million led by TPG's The Rise Fund and Norwest Venture Partners. Existing investor Piramal Capital & Housing Finance Limited also participated in the round. This is EarlySalary's largest fund raise to date, following the company's last financing round in 2019. The company had raised USD 34 million in previous rounds from Eight Roads, Chiratae Ventures, Piramal Capital & Housing Finance Limited and angel investors. The latest investment will enable EarlySalary to grow its business significantly in the next 24 months. The series D round of USD 110 million includes a secondary sale. Unitus Capital acted as the exclusive advisor for the transaction. Founded in Pune in 2015, EarlySalary provides accessible financial lending solutions of up to Rs. 5 lakhs to working professionals. The company expanded i
Previously, the Pune-based company had raised a total of $34 million from investors including Eight Roads, Chiratae Ventures, Piramal Capital & Housing Finance Limited and angel investors.