Non-banking finance company (NBFC), Aye Finance has raised $8 million from Blue Orchard, a leading global impact investment manager. The funds were raised through NCDs (non-convertible debentures) with a maturity period of five years. Aye Finance says it is committed to transforming micro and sma…
Tag: Vikram Jetley
SBI sanctions credit facilities of $3.1 m to Aye Finance; NBFC to now reach out to more MSEs
Gurugram-based NBFC Aye Finance has been sanctioned credit facilities to the tune of $3.1 million (Rs 20 crore) from the country’s largest public sector bank State Bank of India (SBI), for the purposes of on-lending. The credit facility will enable Aye Finance to further its goal of financial inc…
Aye Finance empowers South Indian MSMEs to grow & prosper
In the age of rapid digitalization and foreign giants setting up their base in India, the growth and longevity of the MSME sector has been challenged. In order for Indian MSMEs to further expand and prosper, robust financial assistance is of paramount significance. As one of the fast growing new-…