The funds raised from this issuance will be deployed by TruCap to facilitate growth capital access for small businesses in MSME hubs, with a particular emphasis on empowering nano lenders, fostering financial inclusion, and providing working capital to underserved enterprises.
Switzerland-headquartered impact investor responsAbility will invest up to $25 million (Rs 207 crore) in electric mobility startup BluSmart.
The investment comes as a part of responsAbility’s ..
TPG NewQuest-backed fintech platform Ugro Capital, which is a micro, small and medium enterprise (MSME) lender, is raising Rs 341 crore (nearly $41.5 million) in ..