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Fintech startup Chqbook secures $5 Mn in a Series A round

Gurugram-based fintech startup Chqbook has secured $5 million in a Series A funding round from Aavishkar Capital. The new capital will be deployed to expand its product portfolio, scale-up distribution across multiple cities, and strengthen its proprietary AI-powered technology platform.

Founded in 2017 by Vipul Sharma, Rajat Kumar, Sachin Arora, and Mohit Goel, Chqbook is a marketplace for small business owners, offering them products around lending, credit cards, insurance, accounts, and rewards. Presently, the platform claims to offer over 60 products with zero-fee and negotiated rates across 20 cities. (Source)

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