Satin Creditcare raises $7.6M in new funding, Lok Capital scores 2x in exit

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Delhi-based microfinance institution Satin Creditcare Network Ltd (SCNL) has completed another equity infusion of Rs 41 crore ($7.6 million) from two existing financial investors besides one new private investor and its promoters, as per a company statement. In a parallel transaction Lok Capital, an early investor in the MFI, exited ......