PE-backed microlender Annapurna gets fresh dose of capital

By Ranjani Raghavan

  • 23 Jan 2020
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Credit: 123RF.com

Annapurna Finance Pvt. Ltd has raised debt funding from a foreign development agency as the microlender looks to target more loans at poor women in rural areas. The Bhubaneswar-based microfinance institution with 17 lakh clients has secured a credit line of $15 million (Rs 107 crore at current exchange rate) from ......

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