Danish investor buys into Aye Finance as Accion Venture Lab exits

Seed-stage impact investor Accion Venture Lab has exited its four-year-old investment in non-banking financial company (NBFC) Aye Finance by selling its stake to a Denmark-headquartered asset management firm, two people familiar with the development told VCCircle. In a recently-concluded transaction, Maj Invest bought out Accion Venture Lab’s stake for Rs 38 ......