Fintech Startup ProsParity Secures $2M Pre-Seed Funding from BEENEXT

ProsParity has successfully raised $2 million in its pre-seed funding round, attracting investments from prominent global institutional investors such as BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures.

The funding round also saw participation from notable angel investors including Dr. Ashish Gupta (co-founder of Junglee and Helion Ventures), Raj Dugar (ex-Eight Roads Ventures), Dhyanesh Shah (co-founder of Mosaic Wellness), Abhishek Goyal (co-founder of Tracxn), and Nitin Kaushal (co-founder of Country Delight).

These funds are earmarked for developing proof of concept, enhancing technology infrastructure, and expanding origination networks, initially focusing on central India. ProsParity aims to forge strategic partnerships across various stakeholders including original equipment manufacturers (OEMs), fleet operators, dealerships, and lenders.

Founded by Saurabh Khodke and Anirudh Dhakar, ProsParity operates as an end-to-end electric mobility financing platform, prioritizing compliance, scalability, and agility for lenders. The platform facilitates easier access to financing relationships for EV dealers and OEMs, enabling seamless financing options for end-customers.

With its proprietary platform and origination approach, ProsParity seeks to consolidate financing demand on a single platform, providing lenders with avenues to invest in the burgeoning EV financing asset class.

Disclaimer: This information is covered based on the latest research and development available. However, it may not fully reflect all current aspects of the subject matter.

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