Creation Investments invest $12 million debt capital in three Indian companies
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Creation Investments invest $12 million debt capital in three Indian companies
John Sarkar / TNN / Apr 12, 2021, 20:57 IST
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NEW DELHI: Creation Investments Capital Management LLC, a leading private capital investor in developing markets financial services, has provided $12 million in debt capital to three non-bank financial companies in India. Working in partnership with CredAvenue, a subsidiary of Vivriti Capital, Creation’s investment aims to help people and businesses in India with little access to financial services.
These investments are from the first tranche of a $100 million India-focused debt fund launched by Creation earlier this year. The fund is focusing exclusively on providing debt financing to non-bank financial companies serving the Indian population in areas such as microlending, affordable housing, vehicle loans, small- and medium-enterpr
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Creation Investments invest US$12 Million debt capital in Three Indian Firms
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