As per the startup, the freshly raised funds will be used to accelerate growth in its secured MSME loan book. It is increasing credit, risk, collections, and tech team size. Jaipur's Kaabil Finance has secured $3 Mn in pre-Series A funding, spearheaded by 2point2 Capital. The RBI-registered NBFC, facilitates formal credit market access for small and medium-sized businesses through nano and micro-loans of up to Rs 3 lakh. Kaabil Finance aims to achieve an asset under management of Rs 1,000 crore within 1,000 days. The funding drive mirrors the trend in the fintech sector, where firms like Vridhi Home Finance. In the same vein, Sociallending Technologies and Holdings Pvt Ltd received $2 million for scaling up its mortgage lending platform, LoanKuber, while Sugmya Finance secured a significant debt funding of Rs 100 crore to support women-led communities in rural and semi-urban India.