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.
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.