Satya MicroCapital raises Rs 153 crore in equity from Japan's Gojo & Company
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Bhubaneswar-headquartered Annapurna Finance and Kolkata-grown Janakalyan Financial Services are also looking for equity expansion, two people familiar with the matter said.
Arohan Financial Services, one of the top micro lenders, is preparing for an initial public offer later this year.
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Kolkata: Microfinance company
Satya MicroCapital has raised Rs 153 crore in equity from Japan's Gojo & Company Inc in one of the biggest fundraisings by a microfinance firm amid pandemic while at least three others are in the process of raising capital with the market showing signs of restoring normalcy.