Pocketly, a microlending platform for college students, has raised an undisclosed amount of funding. The marquee angels who led the funding round in personal capacity are Ashneer Grover (Founder, BharatPe), Jaimin Bhatt (CFO, Kotak Bank), Siddharth Somaiya (Founder, Organic Riot), and Gaurang Shetty (CEO, RIIDL). Other investors were micro VCs such as Prophetic Ventures, Dholakiya Ventures, RIIDL, and Scale VC.
The Bengaluru-based moneylending platform was founded by Aarav Bhatia and Navdeesh Ahuja in 2019 with the vision to empower students and young adults by providing them with alternative credit and financial products. Pocketly aims to provide every college student with credit and multiple easy-to-use financial products.
Published on: July 6, 2021