Fintech firm Flex sees valuation jump to ₹11,500 crore in half a year
The AI-driven fintech company Flex has secured $70 million in a Series B1 investment round. Led by Halo Fund, this latest funding pushes the startup's valuation to approximately $1.2 billion, or more than ₹11,500 crore, effectively doubling its worth in just six months. Flex focuses on providing services to mid-sized enterprises, a market it believes is neglected by conventional fintech providers. Its offerings include business financing, private credit, payment solutions, and personal finance tools.