Latest News | Sindhuja Microcredit Raises Rs 120 Cr from GAWA Capital, Oikocredit | LatestLY

Mumbai, Mar 28 (PTI) Sindhuja Microcredit on Thursday announced a Rs 120 crore fundraise from impact investors GAWA Capital and Oikocredit for business expansion. The microfinance institution headquartered in Noida will deploy the funds for expanding the business in existing geographies and also enter newer geographies. Also Read | Good Friday 2024 FAQs: Is Stock Market Open or Closed on Good Friday? Is There a Bank Holiday on Good Friday? Here’s All You Need To Know. The six-year company has provided loans to 4 lakh self-employed women so far in nine states across north, west, and east India, as per an official statement. It operates 235 branches and has over Rs 1,000 crore assets under management. “Sindhuja is focused on…

Source: LatestLY
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