Beams Fintech Fund has participated in Infinity Fincorp's $40M funding round.Infinity Fincorp, backed by True North LLP Private Equity Fund, provides micro-LAP financing in Tier III towns across multiple states in India.The micro-LAP segment is expected to grow at a CAGR of 15-20% over the next five to 10 years.Infinity Fincorp plans to use the capital to expand its loan book and establish a deeper presence across states.