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BASIX Sub-K closes INR 570 mill. fundraise round

NMI is proud to join co-investors Accion and Dell Foundation in a Series B fundraise round in BASIX Sub-K, a Hyderabad, India based fintech company focused on financial inclusion in India!

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NMI is proud to join co-investors Accion and Dell Foundation in a Series B fundraise round in BASIX Sub-K, a Hyderabad, India based fintech company focused on financial inclusion in India! Through two funding tranches (INR 350 + INR 220 million), BASIX Sub-K has raised INR 570 million (USD ~8 million) from its existing investors in 2018.

Read more here: Press Release

Press coverage in India:
Business Standard
Deal Street Asia

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Abler Nordic was established in 2008 in Oslo, Norway as a partnership between the public sector and private investors. Abler Nordic invests in institutions building financial inclusion in Africa and Asia.
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