Bengaluru: Peer to peer lending startup Faircent has raised Series A round led by JM Fiancial Ltd subsidiary which has picked up 9.8% stake in the company. Existing investors Aarin Capital Partners and other individual investors have also co-invested in the round. Though undisclosed, the amount is estimated to be close to Rs 16.5 crore (between USD 2.5 million to 3 million).

http://economictimes.indiatimes.com/articleshow/52203351.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst