← Latest news 
Devesh Sachdev cofounds GLAAS with USD 5 million to push embedded credit for MSMEs
Startups
Published on 24 April 2026
The cofounder bet behind MSME embedded credit
Devesh Sachdev has joined credit platform GLAAS as a co-founder, investing USD 5 million. The startup targets embedded credit for MSMEs across India, building on Sachdev’s earlier Fusion Finance experience. GLAAS is also strengthening its NBFC, Gromor Finance, and expanding its partner network to scale lending through existing business ecosystems.
- Devesh Sachdev joins GLAAS as co-founder with USD 5 million
- GLAAS focuses on embedded credit for MSMEs in India
- The company is bolstering its NBFC arm, Gromor Finance
- GLAAS plans to expand via a wider partner network
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times