As a part of this deal, EpiMoney, a non-banking finance company which was founded by Nayar, Sud and Sheshadri, will be acquiring stake in FlexiLoans which will be the product platform. With the incoming new capital, it is now planning to use the funds to enable FlexiLoans’ expansion and for further investment in its technology and marketing platform.

http://thetechportal.com/2016/10/07/digital-lending-platform-flexiloans-secures-15-million-cohort-angel-investors/