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About this app

Fundly+ is a fintech platform embedded in the healthcare vertical to provide innovative financing and allied solutions to the pharma distribution tail, specialty players, and brands. We provide a revolving credit line for meeting the working capital needs of small businesses through our RBI-registered NBFC partner.

Why Fundly+
Retailers sales are uneven causing
✔ Short term capital mismatches
✔ High borrowing cost
✔ Loss of cash discount
✔ Cheque defaults
✔ Lose of business and credibility

Fundly+ is build with full-stack tech for solving such supply chain Network Inefficiencies and skewed working capital cycles by providing accessible, convenient and customized solutions.

Top Features
✔ Instant Funding Anytime, Anywhere
✔ Hassle Free Online Registration
✔ Track Disbursals On The Go
✔ View Account Statements on the app
✔ No Hidden costs & Surprises

How it Works
● Nitin Chemist, a small next-door pharmacy store avails a credit line of 1 Lac.
● Nitin Chemist is onboarded by a phygital onboarding process
● An unsecured credit line by an RBI-registered NBFC partner is issued for a period of 12 months
● There are no processing charges
● Interest is calculated on daily basis (APR 18% to 28%) only on the utilized amount and with an option to pay anytime without any prepayment/foreclosure charges
● Additional step-up interest @0.02% is charged after 30 days
● Total cost of the loan = (Principal outstanding + Interest + Step-up Interest) as on repayment date.

Our Lending Partners (NBFCs)
UGRO Capital Limited (www.ugrocapital.com)

Steps to avail the facility
1. Install Fundly+ app
2. Register with your mobile number
3. Complete online KYC and loan application
4. e-sign KFS and loan agreement
5. Voila! You are ready to Get Funded

Queries or Feedback?
Please reach out to us on connect@fundly.ai OR call us on 09892422528, if you enjoy using the app, do give us a 5-star rating!
Updated on
Jun 9, 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Personal info
This app may collect these data types
Personal info, Photos and videos and 2 others
Data is encrypted in transit
You can request that data be deleted

App support