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.
India's Steel Prices Hit 5-Year Low In 2025 Despite Strong Demand: Tata Steel CEO
Swiss Ski Resort Bar Fire: Champagne Bottle With Birthday Candles Sparked Deadly New Year Blaze That Killed 40? Viral Videos Raise Severe Concerns
Honda Cars India Reports 3.6% Rise In December Domestic Sales To 5,807 Units
1,419 Affordable Apartments Sold For ₹640 Crore By House Of Abhinandan Lodha In MMR Project
(With inputs from PTI)
