B2B services rental startup Settlrs stated that it has raised US$1 million (over Rs 7 crore) fund from Canbank Venture Capital Fund Ltd and other investors.
The company added that it will use this fund for business expansion into other cities and to build a next-generation fintech platform that attracts and connects users.
''We believe that the innovative fintech solution being introduced in Settlrs platform would result in greater adoption of our business ,'' stated Settlrs Founder Gaurav Ranebennur.
Settlrs further added that it has rented out more than 35,000 assets, across over 50 businesses in 15 cities in India.
Uttar Pradesh Govt Makes Newspaper Reading Mandatory In Schools To Reduce Screen Time And Boost Awareness
Uttar Pradesh News: 'VB–G RAM JI Act To Strengthen Rural Infrastructure, Ensure Employment And Transparency,' Says Deputy CM Keshav Prasad Maurya
Uttar Pradesh News: Yogi Govt Steps Up CCTV Monitoring At Cow Shelters, Surveillance Expanded To 4,366 Centres Across State
NMMC Elections 2026: ₹16.16 Lakh Cash Seized From Mercedes At APMC Check Post Amid Model Code Enforcement
(With inputs from PTI)
