[ EarlySalary raises $4M in Series A ]

EarlySalary has raised $4 million in Series A funding.

Founded in 2015, EarlySalar ’s first finTech startup focuses on helping young working professionals get Instant Loans and Salary Advances in minutes and is fast becoming the first line of credit to young working Indians.

The new funding will be deployed in three particular areas, like build leverage on capital deployed for building products and lending book, expand team specifically in skill sets of machine learning, and grow customer base and provide 200,000 loans in this FY.

Funding  Series A
Founded  2015
Country  India
City  Pune, Maharashtra
Founder / CEO  Akshay Mehrotra
Deal Size  $4M
Investors  Dewan Housing Finance
 IDG Ventures India
Previous Investors  Ashok Agarwal