Microfinance provider Sindhuja Microcredit raises $14.5 million from GAWA Capital, Oikocredit financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Sindhuja Microcredit secures $14.5M in Series C funding led by GAWA Capital, Oikocredit yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Noida-based Sindhuja Microcredit has secured $14.5 million from GAWA Capital and Oikocredit to expand operations by 50% in FY25 and enter new markets. The investment aims to empower rural communities and women borrowers. With backing from global impact investors, Sindhuja plans to grow by 50-60% in the upcoming year, targeting expansion into southern India.
The microfinance institution headquartered in Noida will deploy the funds for expanding the business in existing geographies and also enter newer geographies.
Rural-focussed microfinance institution (MFI) Sindhuja Microcredit has raised $14.5 million (Rs 120 crore) in its Series C funding round from Spanish impact investment firm GAWA ..