India digital alternative lender raised $50m in Series B funding led by LGT Lightstone Aspada.
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Alt lender Vivriti Capital has secured $50m to help make loans available in India
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India's fintech ecosystem made significant strides in 2019, though its progress could be slowed this year, despite investments from LGT Lightstone Aspada. In Q4 2019, India overtook China in terms of fintech funding for the first time, raising nearly $1.9 billion, compared with China's $298 million total, per CB Insights.
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