In brief: India fintech startup nets $2.15m from Orios Venture Partners, Kalaari Capital

India-based fintech startup MoneyOnClick raised US$2.15 million seed funding from Orios Venture Partners, Kalaari Capital, and 3one4 Capital. The startup will use the funds for hiring and technology improvement.

MoneyOnClick is a lending platform for consumers who fall outside the margins of the formal banking system due to a lack of credit history or a low credit rating.

Source: Economic Times