Fundz

Aye Finance secured INR 137 Cr in debt funding from German’s Invest in Visions to enhance financial assistance to underserved MSMEs in India.

PRIVATEMar 27, 2024

Round Type

Debt Financing

GurgaonFinancial ServicesFinanceFintechLendingBanking

Investors

Agents For ImpactInvest In Visions

Description

Aye Finance has raised INR 137 Cr in debt funding from German impact investment and portfolio management firm Invest in Visions, to further support underserved MSMEs and promote economic development in India. The funding will be used for on-lending to micro enterprises and to empower entrepreneurs.

Quick answer

Aye Finance raised an undisclosed amount in a Debt Financing round, dated March 27, 2024. Investors: Agents For Impact and Invest In Visions. Aye Finance is based in Gurgaon, Haryana, India.

How much did Aye Finance raise?
Aye Finance raised an undisclosed amount in a Debt Financing round on March 27, 2024.
Who invested in Aye Finance?
Agents For Impact and Invest In Visions are named as investors in this round.
What does Aye Finance do?
​Headquartered in Gurgaon, ​Aye Finance is a new-age finance company providing business loans to ​​small and micro enterprises across India​. ​Since 2014 we have continued to​ chart an exciting growth path in this..
Where is Aye Finance based and how big is it?
Aye Finance is based in Gurgaon, Haryana, India.
Who are the decision-makers at Aye Finance?
Fundz holds 4 contacts at Aye Finance, including the Assistant Vice President Human Resources. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Aye Finance that raised within 45 days of this round, from Fundz verified event records.

  • Battle Financial raised $37M (Seed) on May 1, 2024.
  • Blend Labs raised $150M (Series A) on April 29, 2024.
  • Canza Finance raised $2.3M (Seed) on April 29, 2024.
  • QI Tech raised an undisclosed amount (Series B) on April 25, 2024.
  • Constantinople raised $50M (Series A) on April 1, 2024.
  • Akulaku raised $100M (Funding Round) on March 25, 2024.

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Company Information

Company

Aye Finance

Location

Gurgaon, Haryana, India

About

​Headquartered in Gurgaon, ​Aye Finance is a new-age finance company providing business loans to ​​small and micro enterprises across India​. ​Since 2014 we have continued to​ chart an exciting growth path in this under-banked segment while maintaining a high benchmark for credit quality​​. These millions of profitable small and micro businesses are, essentially, locked out of the financial system. We believe we can overcome this financing challenge and unlock a massive business opportunity while creating a transformative social impact.

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Related People

4 contacts
Verified contactsSantosh R., Assistant Vice President Human ResourcesSee plans and pricing
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Aye Finance raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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