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Amidst second Covid-19 wave, micro finance companies find economic activities in rural areass

[Weekly funding roundup] Venture investments continue to remain lacklustre; Indian startups raise $113M

[Weekly funding roundup] Venture investments continue to remain lacklustre; Indian startups raise $113M
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Kinara Capital Secures INR 52 Crores from IIX s Women s Livelihood Bond Series for HerVikas – India Education,Education News India,Education News

Share Bangalore: Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India. Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India. This sustainable investment fund will be disbursed via Kinara Capital’s established HerVikas discounted loan program to an estimated 2500+ women-owned small businesses. The expected impact of the partnership between IIX and Kinara Capital will generate an incremental income of INR 320 crores for women entrepreneurs.

Kinara Capital Secures INR 52 Crores from IIX s Women s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs

Kinara Capital Kinara Capital Secures INR 52 Crores from IIX s Women s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs Monday, March 8, 2021 4:04PM IST (10:34AM GMT) Designated Funds to Extend Financial Inclusion to an estimated 2500+ Women-Owned Small Businesses in India Kinara Capital & IIX join hands to advance women entrepreneurs   Bangalore, Karnataka, India:  Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India. This sustainable investment fund will be disbursed via Kinara Capital’s established HerVikas discounted loan program to an estimated 2500+ women-owned small businesses. The expected impact of the partnership between IIX and Kinara Capital will generate an incremental income of INR 320 crores for women

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