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Nomisma Mobile Solutions Pvt. Ltd. offers unsecured short-term business loans to small enterprises in India under the ftcash brand.
Founded in 2015 in Mumbai, India, Nomisma Mobile Solutions Pvt. Ltd. provides collateral-free short-term loans to small businesses, with its ftcash product offering loans of up to INR 25 lakhs for working capital. CEO Sanjeev Chandak leads the company, and Deepak Kothari and Vaibhav Lodha are co-founders. It has raised INR 441.4 mn in Series A funding, primarily from Accion, FMO and IvyCap Ventures, and has completed 5 deals, the most recent on May 6, 2019. Its valuation is stated as INR 1218.142 mn.
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