Aye Finance Raises US$10 Million from responsAbility Investments and Northern Arc Capital
Source(s): VCCircle | Author(s): Ankit Doshi
India-based non-banking finance company Aye Finance has raised US$10 million via non-convertible debentures from impact investment fund manager responsAbility Investments and India-based lender Northern Arc Capital. Aye will use the proceeds to bolster its business loan offerings to micro-, small- and medium-sized enterprises in India.