Clix Capital announces US$40M fund
India-based Clix Capital today announced its latest round of capital infusion of US$40 million from its existing investors AION Capital Partners Ltd as well as its promoters Pramod Bhasin and Anil Chawla.
In a press statement, the company stated that strong focus on technology and strategic partnerships has helped Clix scale up and expand its footprint to four million customers in a short span of three years.
Augmenting its original capital base of US$250 million, the latest round of funding will be used to expand the business across its varied segments especially consumer finance and digital platforms. Clix has a presence across 12 cities in India and envisages deeper penetration in these markets.