Rural-focused microfinance institution Sindhuja Microcredit raises $5 million in Series D round
Sindhuja Microcredit, a new generation digital and rural-focused microfinance institution (MFI) providing financial services to self-employed women entrepreneurs, has raised $5 million (Rs 47 crore) in a pre-Series D funding round. Existing investors Abler Nordic, GAWA Capital (through its vehicle Huruma Fund) and Oikocredit have participated in this round. The firm will use the raised funds to strengthen its capital…
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