Annapurna Finance raises $35 million
The Hindu
Annapurna Finance said it has raised $35 million (₹260 crore) from Encourage Capital, Accion and existing investor Oikocredit, in its third capital raise in 2021.Earlier, it had raised $30 million ifr
Annapurna Finance said it has raised $35 million (₹260 crore) from Encourage Capital, Accion and existing investor Oikocredit, in its third capital raise in 2021.
Earlier, it had raised $30 million ifrom Nuveen Global Impact Fund in March and $20 million from DEG in November, bringing the total to $85 million this year.
The firm offers micro-credit loans, home improvement, and MSME loans to individuals and small businesses. As part of its larger vision it is adding Green Finance products to its offering.
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