Micro finance company Satya MicroCapital raises ₹43 crores
New Delhi-based Satya MicroCapital has secured ₹43 crores in funding led by Japan’s Gojo & Company, along with existing investor Dia Vikas Capital Pvt. Ltd. The funds raised will be…
New Delhi-based Satya MicroCapital has secured ₹43 crores in funding led by Japan’s Gojo & Company, along with existing investor Dia Vikas Capital Pvt. Ltd. The funds raised will be…
The funding will be used to expand its services to other cities, strengthen its risk model and algorithm, among others.
This will help company to expand its operations to three more cities, as well as to fill in senior level positions.
Margdarshak Financial Services, a micro finance institution, has secured approx. ₹19 crore ($3 million) in debt funding from BlueOrchard, and plans to use it to diversify its funding channels.