Mumbai-based online microlending startup SMEcorner has raised $30 Mn in both debt and equity in Series B funding round led by Paragon Partners.

Samir Bhatia, founder and CEO of SMEcorner also invested in the funding round, along with the company’s existing investors Quona Capital, Accion Venture Lab and some high net-worth individuals.

Bhatia told Mint that Paragon Partners has invested close to $10.5 Mn in the company.

Prior to this, SMEcorner had raised $12.7 Mn in debt and equity from Quona Capital and Accion Venture Lab in March 2019.

In June 2019, the company had raised $7 Mn from Capital First, Accion Venture Lab and a few high net worth individuals. | To read full story, visit https://startuparound.com/read/1583116205.9074225/Microlending-Startup-SMEcorner-Bags-$30-Mn-From-Paragon-Partners?ref=audio_experience