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Inspire quality self-employed credit facilities

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Fintech

Invested in 2022

Aspire provides a UPI-based credit facility for self-employed individuals to avail a credit line for personal as well as business use-cases.

current value

Current Value

<$50Mn

Funding Stage

Seed

Founder Icon

Founders

Tushar Garimalla

Manoj Rathi

Manoj Rathi

other investors

Other Investors

Orios Transparent Logo 1

Orios

Picus Capital

Picus

Capital a

Capital A

Upsparks

Upsparks

Reason For Investment

India has over 63 million MSMEs primarily run by sole proprietors who don’t have access to formal credit due to lack of detailed credit histories. While the adoption of UPI has revolutionized payments for both consumers and merchants, a UPI-based credit service will enable small business owners to leverage with the sheer convenience of UPI payments. Backed by domain experts, Aspire is well positioned to benefit from the growth of digital transactions and lack of formal credit available to Bharat business owners.

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