Accion Venture Lab portfolio company Cashinvoice announced that it has raised US$3.4 million as part of a Series A round. Pravega Ventures, HDFC Bank and Accion Venture Lab participated in the round. With the new funding, Cashinvoice aims to disburse loans worth $2.4 billion to micro, small and medium enterprises by the financial year ending March 2025 (FY25).

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