It is our pleasure to announce our fourth full cash exit this year. Sqrrl Fintech, our portfolio company has been acquired by CASHe.
Founded by Samant Sikka, Sanjeev Sharma & Dhananjay Singh, Sqrrl is a digital bank for millennials offering financial products and white-labelled solutions for the financial industry. While evaluating various funding options, with financial and strategic investors, for the company’s next leg of growth, we saw a good fit with Cashe. With 20 million users, Cashe is a mobile-first personal loan platform that helps underserved digital customers in the country