Bengaluru, February 11 Digital financial platform Olyv announced on Wednesday that it has raised ₹208 crore in its Series B funding round, led by The Fundamentum Partnership, founded by Nandan Nilekani, with participation from SMBC Asia Rising Fund. The fresh capital will be used to expand the product suite with new offerings in Insurance, UPI, and Business Loans, Olyv said in a statement. In addition, Olyv will also invest in strengthening its brand equity and bolstering its technology infrastructure to deliver a more seamless and enhanced experience to customers, it said. Rohit Garg, co-founder and CEO of Olyv, said: "This round will help us scale the business, strengthen our partnerships, and expand our product offerings to deliver an enhanced customer experience. Our long-term vision is to evolve as a trusted, full-stack financial partner for underserved Indians entering the formal credit market."