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Annapurna Finance raises USD 20 million from Germany-based DEG

Annapurna Finance raises USD 20 million from Germany-based DEG

Odisha-based NBFC-MFI Annapurna Finance on Thursday announced an equity investment of USD 20 million (Rs 150 crore) from DEG – Deutsche Investitions – und Entwicklungsgesellschaft, a Germany-based development finance institution. The fund raised would be channelised to further boost the financial inclusion objectives, thereby getting an increasing number of women borrowers in...

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Annapurna Finance DEG Germany-based Gobinda Chandra Pattnaik India Nuveen Global Impact Fund

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