CASHe acquires Sqrrl, forays into wealthtech space
It is our pleasure to announce our fourth full cash exit this year. Sqrrl Fintech, our portfolio company has been acquired by CASHe.
Founded by Samant Sikka, Sanjeev Sharma & Dhananjay Singh, Sqrrl is a digital bank for millennials offering financial products and white-labelled solutions for the financial industry. While evaluating various funding options, with financial and strategic investors, for the company’s next leg of growth, we saw a good fit with Cashe. With 20 million users, Cashe is a mobile-first personal loan platform that helps underserved digital customers in the country