Minifeel Raises INR 3 Crore in Pre-Seed Funding Round Led by 100X.VC

Minifeel, a financial technology platform that provides secured credit to consumers, has raised INR 3 crore in pre-seed funding round led by 100X.VC. The round also saw participation from angel investors, including KRS Jamwal, Aniket Nikumb, Manish Kumar, Sumit Khadria, Rajesh Sawhney, IndiaMart founder Dinesh Agarwal, and others.

Minifeel was founded in 2022 by Aditya Srinivas Prasad and Darpan Samir Tanna. The company’s platform allows consumers to avail secured credit against their mutual funds and shares. Minifeel’s platform is designed to make it easier for consumers to access credit, while also ensuring that they are able to repay the loan without any hassle.

The funding from 100X.VC will help Minifeel to expand its team, develop new features, and grow its user base. Minifeel is targeting a global audience of consumers who are looking for secured credit options.

Here are some additional details about the story:

  • The funding round was led by 100X.VC.
  • Other investors in the round include KRS Jamwal, Aniket Nikumb, Manish Kumar, Sumit Khadria, Rajesh Sawhney, IndiaMart founder Dinesh Agarwal, and others.
  • Minifeel was founded in 2022 by Aditya Srinivas Prasad and Darpan Samir Tanna.
  • The company is headquartered in Mumbai, India.

Here are some quotes from Minifeel executives:

  • “We are grateful to 100X.VC for their investment,” said Aditya Prasad, co-founder and CEO of Minifeel. “This investment will help us to expand our team, develop new features, and grow our user base.”
  • “We are confident that this investment will help us to achieve our goal of making secured credit more accessible and affordable for consumers,” said Prasad.

Overall, the funding from 100X.VC is a significant development for the fintech industry in India. The funding will help Minifeel to expand its reach and grow its user base, which will help to make secured credit more accessible and affordable for consumers.”