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Annapurna in talks with PEs to let early backers exit, fund growth

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Annapurna in talks with PEs to let early backers exit, fund growth
Credit: Shah Junaid/VCCircle

Bhubaneswar-based Annapurna Microfinance Pvt. Ltd is seeking to raise an institutional round to fund loan growth and provide an exit to early investors, besides launching an affordable housing finance company, a top executive told VCCircle.The non-banking finance company is in the process of raising Rs 400 crore ($61.48 million), out ......

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