Wednesday,22 Jan 2025
Indo-Canadian entrepreneur Sukhbir Dhaliwal's Peel Financial to raise C$400 mn by 2022 end
Toronto
17-November-2022
Indo-Canadian entrepreneur Sukhbir Dhaliwal's Peel Financial will secure C$400 million in a fresh round of funding by the end of 2022.
"We have been raising funds through various rounds from many investors who see value in what we are doing and are willing to take our brand's services and value to newer geographies beyond Canada and the US, with a common aim to help businesses thrive through streamlined, hassle-free financing options," Dhaliwal, CEO of Peel Financial, said.
The funds will be used in expanding its outreach to clients with more customized services and onboarding more lenders from across Canada and the US, a company release stated.
Dhaliwal, also called Sukh by his clients, founded the company in 2007.
The firm says that it clocked business over C$1 billion even during the Covid-19 pandemic.
Dhaliwal, who is originally from India, immigrated to Canada in his early 20s.
Watch This TWL Video
Having graduated from Marathwada University in Maharashtra with a Bachelors in Engineering, Dhaliwal soon realised that his calling was in the finance sector.
"Belonging to India, about 15 years ago, the jobs market was not as organised which landed me in various odd jobs that I didn't connect with. I hence moved abroad and started working as a Car Sales executive in Canada," he said.
With a team of 70-plus employees, Peel Financial now has three offices across Canada, namely in Manitoba, British Columbia, and Brampton. - IANS
More Headlines
Erode East Bypolls: Seeman’s NTK To Take On DMK After AIADMK, BJP Withdraw
India Achieves 7.93% Drop in GHG Emissions in 2020, Demonstrates Climate Leadership
Anand Mahindra on Work-Life Debate: Focus on Quality, Not Quantity, for ‘Viksit Bharat’
TN Police Launches Campaign Against Caste Discrimination In Schools, Colleges
India’s 1st Robotic System Performs Telesurgeries Over A Distance Of 286 Km
Erode East Bypolls: Seeman’s NTK To Take On DMK After AIADMK, BJP Withdraw
India Achieves 7.93% Drop in GHG Emissions in 2020, Demonstrates Climate Leadership
Anand Mahindra on Work-Life Debate: Focus on Quality, Not Quantity, for ‘Viksit Bharat’
TN Police Launches Campaign Against Caste Discrimination In Schools, Colleges
India’s 1st Robotic System Performs Telesurgeries Over A Distance Of 286 Km