Fintech startup Aye Finance raises Rs 25 cr from Vivriti Capital

Fintech company focussed on the MSME sector Aye Finance has raised Rs 25 crore through a securitisation deal facilitated by Vivriti Capital.

Three investors participating in this deal include Hinduja Leyland Finance and Intellegrow.

Aye Finance founded by bankers Sanjay Sharma and Vikram Jetley in 2014 is currently running at an AUM of Rs 350 crore and is targetting total loan disbursals of Rs 600 crore by the end of the current financial year.

The company has previously raised funds from venture capital funds Accion International, SAIF Partners and LGT Impact Ventures.