<ul><li>Jaipur-based NBFC Finova Capital has raised $135 million in a Series E funding round.</li><li>The round saw participation from new investors Avataar Venture Partners, Sofina, Madison India Capital, and returning investor Norwest Venture Partners.</li><li>Finova Capital will use the capital to grow its loan book, invest in technology, and expand its geographic presence.</li><li>The company offers working capital loans, machinery loans, and business loans to MSMEs through its technology-led platform.</li></ul>

Finova Capital raises $135M in Series E round

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