Dutch investor FMO tops up bet on Indian SME lender

By Bruhadeeswaran R

  • 17 Jul 2020
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Credit: Thinkstock

FMO, the development finance institution of the Netherlands, is providing additional financing to an Indian fintech lender that focuses on micro, small and medium-sized enterprises. The Dutch firm is extending a loan of $10 million (around Rs 75 crore) to NeoGrowth Credit Pvt. Ltd, a non-banking finance company that doesn’t take ......

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