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[Funding alert] Northern Arc raises $10M in ECB financing from Calvert Impact Capital The Chennai-based digital debt platform will use the funds to support the growth and liquidity needs of its institutional partners as well as lend to small businesses and individuals. 0 claps Northern Arc Capital has raised $10 million in debt from US-based   According to the company, this is Calvert Impact Capital’s largest debt investment in India so far. Northern Arc will deploy the funds towards on-lending to financial institutions as well as lending directly to retail customers and to mid-market c...

[Jobs Roundup] Work with women-led digital debt platform Northern Arc with these positions To date, Northern Arc has enabled debt financing of around Rs 90,000 crore for its clients across micro-finance, small business finance, affordable housing finance, vehicle finance, agriculture finance, consumer finance, fintech, and mid-market corporates. 0 claps Northern Arcannounced it received $50 million in debt financing from US International Development Finance Corporation (DFC).   The first tranche of $25 million was made available in December, while the remaining $25 million was disbursed r...

The funds will be used by the digital debt platform to support the growth and liquidity needs of its institutional clients, as well as lend to small businesses and individuals.