LoanZen: Kae Capital invests in online lender Loanzen

Loanzen, a digital lending startup that offers loans to small companies in the logistics sector, has raised pre-Series A funding from venture capital firm Kae Capital Management. The company will use the funds to expand its team in Bengaluru and grow its loan book, the startup said in a statement. It didn't disclose the amount raised. "What we saw in Loanzen was an opportunity to build a large business in underserved small and medium enterprise credit markets with a blend of technology and operational efficiencies," said Shubhankar Bhattacharya, venture partner at Kae Capital. The startup was founded [...]