Assiduus Distribution Private Limited announced that it has received INR 2.33 billion in funding from StartupXseed Ventures LLP, Uncorrelated Ventures, Bajaj Finserv Ltd. and other investors
Assiduus Distribution Private Limited announced that it has raised INR 2,330 million ($25 million) in a round of funding led by new investor, Bajaj Finserv Ltd., on March 19, 2026. The transaction included participation from new investors, Uncorrelated Ventures, Aaruha Technology Fund, a fund managed by StartupXseed Ventures LLP, and other long-term institutional and family-office investors. The company issued convertible preferred stock in the transaction.
Bajaj Finserv Limited is a holding company for various financial services businesses. It is engaged in the business of promoting financial services such as finance, insurance, broking, investments, and others, including distribution using digital platforms through its investments in subsidiaries and joint ventures. It is also engaged in the business of generating power through wind turbines, a renewable source of energy. Its segments include Life Insurance, General Insurance, Retail Financing, and Windmill, Platforms & other Investments. It focuses on commercial lending; personal loans; small and medium enterprise lending; rural lending; loan against securities, and partnerships and services. It serves various customers through its subsidiaries by providing financial products and services for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions.
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Assiduus Distribution Private Limited announced that it has received INR 2.33 billion in funding from StartupXseed Ventures LLP, Uncorrelated Ventures, Bajaj Finserv Ltd. and other investors
