Fund News

Satya Microcapital raises $15-M led by Japan's Gojo

ANI News  

Micro-finance firm Satya MicroCapital Ltd has raised USD 15 million led by existing Japan-based investor Gojo & Company Inc. Of this, USD 8 million would be in debt and USD 7 million in equity. Headquartered in New Delhi, Satya claims to have 350+ branches in more than 35,000 villages in 21 states catering to more than 9 lakh clients in sectors such as agriculture, animal husbandry, business/trade, production/services, and water sanitation. Satya plans to use the new funds to expand geographically and diversify its product portfolio.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.