Graviton Secures Investment for Further Development, Eyes Faster Growth
New Delhi [India], December 2: Graviton, an innovative fintech solution designed for Non-Banking Financial Companies (NBFCs) and money lenders, has successfully raised a substantial amount of investment to fuel its growth and development. This achievement positions Graviton to revolutionize the lending sector in India.
Graviton, the flagship product of Kugelblitz, is leading the charge in providing a comprehensive suite of digital tools to streamline operations for NBFCs. Founded by Hardik Sarin, Rishabh Mehrotra, and Ashish Verma in 2019, Kugelblitz is dedicated to disrupting unorganized lending in India. As a groundbreaking fintech solutions company, Kugelblitz empowers financial institutions to embrace digital transformation, redefining their lending processes.
Rajneesh Mahajan, the Director of Engineering at Meta, has shown his belief in Graviton by investing in the company. This investment comes at a crucial time as India’s NBFC sector gains momentum due to the increasing demand for financial inclusion. With a wide range of financial services, NBFCs have become essential players in catering to the diverse financial requirements of India’s vast population.
Graviton was developed to meet the growing demands of the NBFC sector in India. With this investment and the government’s proactive measures to drive digital transformation, Graviton is well-positioned to empower financial institutions and promote financial inclusion. The founders of Kugelblitz, Hardik Sarin, Rishabh Mehrotra, and Ashish Verma, expressed their gratitude for the investment and remain committed to expanding their presence in Indian markets, leveraging the low-tech adoption among NBFCs and money lenders.
With the support of investors, Graviton is set to play a pivotal role in shaping the future of fintech in India, catalyzing digital transformation and fostering financial inclusion across the nation.
Note: This is an unedited and auto-generated story from the Syndicated News feed. The content of the press release is the responsibility of the issuer.
