Veefin Group Raises ₹136 Crore for Product Development and Acquisitions, Targets Additional ₹155 Crore by January 2025.

Veefin Group of Companies has successfully raised ₹136 crore in a recent funding round, with plans to raise an additional ₹155 crore in FY25.

The funds, secured from capital market investors, will be primarily allocated to accelerate product development, scale operations, and expand Veefin's footprint. The round saw participation from the company's long-standing investors.

This funding comes as the company pursues an acquisition strategy, having recently acquired four companies: Regime Tax Solutions (Tax Genie), Epikinidifi (ezee.ai), Nityo Infotech (India arm), and Singapore-based Walnut.AI. These acquisitions are expected to enhance Veefin’s technology capabilities and broaden its client base across multiple regions.

Gautam Udani, Co-Founder & COO of Veefin Group, commented: “This funding marks a significant step in our journey of innovation and growth. The trust and continued support from our investors reflect our proven track record of delivering transformative solutions for banks, financial institutions, and corporates. We remain committed to being the most trusted partner for digital transformation both domestically and globally.”

Veefin specializes in white-labelled supply chain finance and digital lending solutions, offering an end-to-end stack that includes customer onboarding, underwriting, transaction management, and collections.

The company has partnered with over 500 clients, including major names like DBS Bank, IBM, Jio Finance Limited, ExxonMobil, Yes Bank, and Riyad Bank. Its platform has processed annual disbursements totaling $30 billion, one of the highest in the industry.

HBL