International Investors Raise $34.5 Million for Digital Finance Firm Serving Indian MSMEs
Accion and Nuveen are among backers for FlexiLoans, which is helping to support millions of India’s small businesses currently excluded from the mainstream financial system.
A group of US, European and Indian-based impact investors have supported a $34.5m (€31m) series C equity round for India’s Flexiloans, which lends to the country’s small businesses via a digital platform.
Source: Impact Investor (link opens in a new window)
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