Aye Finance Raises $10 Mn To Boost Micro-Lending Portfolio In India

Fintech lending company Aye Finance has raised $10 Mn (INR 71.32 Cr) in a debt funding round from global impact investment manager, responsibility and Northern Arc, through the issuance of non-convertible debentures. This is the twelfth debt funding round raised by Aye Finance so far.

The company has raised a total of $102.25 Mn (INR 727.5 Cr) as a combination of equity and debt funding since its inception in 2014.  The venture is equity funded by four venture capital funds including SAIF Partners, CapitalG, Accion International and LGT.

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