MyShubhLife Raises Rs 100 Crore in Series-B funding

Bengaluru-based a full-stack financial services platform, MyShubhLife has raised Rs 100 crore in its Series B funding round from Gojo & Company. The fresh investment will help the startup to grow its NBFC book and increase disbursements through its co-lending partners. 

The startup is planning to use the raised funds to further expand its footprint with more corporate and large platform partnerships, invest in technology, and enlarge its talent pool to offer a seamless, financially inclusive program for the next half billion.

In a joint statement, the founders of MyShubhLife Monish Anand and Rahul Sekar have said, “We are excited to work with a visionary social impact-focused investor, passionate about using technology to scale impactful partnerships like Gojo.”

Gojo was represented by Vertices Partners as its legal advisor. Unitus Capital acted as the financial advisor while Saakshya Law acted as the legal advisor to MyShubhLife. 

MyShubhLife has earlier raised around Rs 115 crore from marquee Seed and Series A investors like Pravega Ventures, SRI Capital, Saama Capital, BeeNext, Omidyar Network, Flourish Ventures, and Patamar Capital.