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Arohan Financial Services in talks with PE funds to raise capital: MD - Jammu Kashmir Latest News | Tourism

Kolkata, June 20: Microfinance institution Arohan Financial Services Ltd is in talks with private equity funds to raise capital to support its growth plans, Managing Director Manoj Kumar Nambiar said. Promoted by the Aavishkaar Group, the Kolkata-based MFI is targeting Rs 7,000 crore as funds under management in the current fiscal, including both debt and equity, he said. “We are now in talks with a few foreign PE funds to raise funds after our IPO plans were shelved. There is […]

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