Ola Founders, others invest $17.2 million in Avail Finance
Bengaluru-based fintech startup Avail Finance has raised $17.2 million in a Series A funding round led by Matrix Partners. Founders of cab-hailing startup Ola, Ankit Bhati and Bhavish Aggarwal, Flipkart Co-founder Binny Bansal, and Freecharge Co-founder Kunal Shah also participated in the round. Founded in 2017, Avail Finance is an instant online loan app which provides unsecured online loans.