Fundly.ai raises about $4.9m in equity and venture debt
Accel and Multiply led $4m in equity, alongside approximately $900,000 in additional debt.
Fundly.ai raised $4 million in equity led by Accel and Multiply, with Rajeev Ahuja and angel investors participating, plus approximately $900,000 in venture debt. The combined financing totals about $4.9 million.
The company will expand digital commerce, payments and settlement infrastructure, and embedded credit across India's pharmaceutical supply chain. Fundly previously raised a $3 million seed round in 2023 led by the same investors.
Use of funds
Expand digital commerce
Expand payments and settlement infrastructure
Expand embedded credit offerings across India’s pharma supply chain