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[Funding alert] SSA Finserv raises $3M from Blue Ashva Capital to expand MSME lending operations SSA Finserv will use the funding made through Blue Ashva Sampada Fund to expand lending from top cities to small towns, the NBFC said in a statement. 0 claps raised $3 million (around Rs 21 crore) from Blue Ashva Capital. The funding, made through Blue Ashva Sampada Fund, will be used to expand lending from top cities to small towns, the NBFC said in a statement on Tuesday. The investment will further reaffirm our commitment to become a preferred financial partner for small businesses by expanding our reach into more locations, said ....
Synopsis SSA Finserv founded in June 2019 in Mumbai, specialises in providing customised finance to small businesses through cash-flow based loan products. Getty Images It offers both collateral-free and collateral-backed loans, loans against work orders and sales, and bill discounting. MUMBAI: Small businesses-focused non-banking lender SSA Finserv has raised $3 million (around Rs 21 crore) from Blue Ashva Capital. The money, invested through Blue Ashva Sampada Fund, will be used to expand lending from top cities to small towns, the NBFC said in a statement on Tuesday. The investment will further reaffirm our commitment to become a preferred financial partner for small businesses by expanding our reach into more locations, said Vikas Agarwal, founder-managing director and chief executive of SSA Finserv. ....