New Delhi based SATYA MicroCapital, a Micro Lending Firm, Secures Over $21M in Additional Funding
February 6, 2021 @ 6:37 pm By Omar Faridi
SATYA MicroCapital, a fast-growing micro-lending firm based in India, has reportedly secured INR 153 Crore (appr. $21 million) in funding from Japan’s Gojo & Company.
The microfinance lender confirmed that the recent investment acquired is one of the largest capital infusions it has received (and also generally in India) during these challenging times.
The New Delhi based firm noted that the equity round of INR 105 Crore ($13.8 million) was closed from Gojo & Company in May of last year. The total funding secured by the firm stands at INR 260 Crore (appr. $35.72 million).