Arohan Financial secures additional funding from offshore backer

By Aman Rawat

  • 24 Jul 2023
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Credit: Reuters

Microfinance institution Arohan Financial Services, a part of the Aavishkaar-Intellecap Group, has raised $20 million (nearly Rs 163 crore) in debt from a development finance institution.  The microlender, which scrapped its plan for a Rs 850-crore initial public offering (IPO) last year citing tough macroeconomic conditions, has bagged the fresh capital ......

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