Fintech company Recordent has raised $ 400,000 in angel funding from the Kantamaneni Family Office, IIM Calcutta Innovation Park, and other angels.
The company will use the funds for the development of its technology platform by adding further services and functions and in customer acquisition.
Founded in late 2020 by Winny Patro and Harish Mamtani, Recordent helps companies collect loans from their clients by creating APIs for accounting software.
The Hyderabad-based startup has over 50,000 customer fees and 11,000 companies including Furlenco, Guarented, Bigsams, Udaan, RateGain.
Read more Fintech company Recordent raises $ 400,000 at Trickypedia.