[Weekly funding roundup] There’s a new ‘unicorn’ in town as March kicks off with a bang after startups raise over $550M

Non-banking finance company SMEcorner raised Rs 90 crore (around $12.8 million), of which Rs 35 crore equity was infused by Accion Frontier Inclusion Fund managed by Quona Capital, and the balance by existing investors, including Accion Venture Lab. In addition to the equity, the company also raised debt from leading financial institutions.

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