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BLUE ORCHARD FINANCE
Satin Creditcare Network raises $20 million from BlueOrchardSatin Creditcare Network has secured $20 million through dollar-denominated bonds from BlueOrchard Microfinance Fund. This private placemen...
Muthoot Microfin secures $15 million from Triple Jump, nears $35 million deal with BlueOrchardMuthoot Microfin has finalised a deal with Dutch development finance institution Triple Jump to raise $15 million in non-convertible debent...
Varthana Finance secures $10 mn debt from BlueOrchard FinanceBengaluru-based Varthana Finance, backed by ChrysCapital, secures $10 million in debt from BlueOrchard Finance, a global impact investor. V...
Fintech startup FinAGG raises $11 million in funding from Tata Capital, BlueOrchardFinAGG Technologies, a fintech startup that provides working capital solutions to micro, small and medium enterprises, on Thursday said it ...
Aye Finance eyes 70% jump in FY24 borrowing at Rs 3,400 croreAye Finance, a non-bank lender, aims to increase its borrowing by 70% to Rs 3,400 crore in FY24 compared to Rs 2,000 crore in FY23. The com...
EV charging infra platform CHARGE+ZONE raises $54 millionThe freshly raised capital, which is a combination of both debt and equity, will be utilised to support high-speed charging network expansi...
Fintech lender Aye Finance appoints Mayank Thatte as CFOMayank Thatte’s last assignment was as CFO at Electronica Finance, and he has over 19 years of experience working with leading organisation...
Jagaran Microfin raises Rs 22 crore from BlueOrchard Finance through NCD issuanceThe funding was raised through the issuance of non-convertible debentures that were subscribed to by BlueOrchard from its Microfinance Init...
Aye Finance raises Rs 70 crore in debt from BlueOrchardWith this, the total amount of funds raised by Aye Finance in both equity and debt has increased to almost Rs 1,000 crore.
Aye Finance claims to have disbursed 60,000 loans to MSMEs"Having disbursed 60,000 loans amounting to over Rs 700 crore since then, Aye is now poised as a leader in the space of MSME lending,” said...
Aye Finance wants to mop up $25-40 million in next roundSME lending firm signs non-disclosure pacts with PE funds based out of US, Europe and India
Aye Finance raises Rs 44 crore from Dutch investment companyThis is the second overseas fund raising by Aye Finance in the last four months after the Swiss impact investment manager Blue Orchard put ...
Aye raises Rs 10 crore by selling part of SME portfolio to M&M Fin ServicesThe Gurgaon-based startup plans to double its loan book to Rs 400 crore and serve more than 50,000 customers by the end of this fiscal.
Aye Finance gets $8 million from global impact investment managerThe company plans to use a part of the funds to improve its technology stack for better data insights and the rest of it towards giving loa...
RGVN (North East) Microfinance raises Rs 49.26 cr via NCDsRGVN (North East) Microfinance Ltd today said it has raised Rs 49.26 crore from two foreign investors by issuing Non-Convertible Debentures.
Utkarsh Microfinance raises Rs 75.8 crore through NCDsUttar Pradesh-based Utkarsh Micro Finance has raised Rs 75.8 crore in debt funding from a consortium of financiers.
- Social funds prop up cash-starved MFIs
MFIs are finding support from social & philanthropic funds. Sector's traditional sources of funding have dried up following accusations tha...
- Foreign investors dial microfinance in India
About 15 international and national investors will set up shop at the conference to interact with the MFIs, scheduled next week.
- IFC, KfW forge microfinance deal for Asia
World Bank’s private sector arm, International Finance Corporation (IFC), has entered into a strategic partnership with the German developm...
- Global fin giants to go micro in India
Morgan Stanley and Blue Orchard Finance are in talks with RBI to foray into the local microfinance segment.