TPG and Norwest Venture Partners led a $110m Series D round in Earlysalary.

TPG and Norwest Venture Partners, two investment firms, led a $110m Series D round in Earlysalary, a consumer lending fintech, with participation from Piramal Capital & Housing Finance. “We believe in a customer-first approach to providing credit to young middle-income Indians and we are thankful for the trust millions of Indians have put in us. As our customers’ aspirations and credit needs grow, we will focus to continue to retain their trust and grow with them. The funding will not only help us in expanding our cash business but also build an array of capabilities to efficiently serve a larger segment of customers. We are confident in our ability to keep innovating and achieving 10x large growth in our customer base," Akshay Mehrotra, Earlysalary Co-founder and CEO.