Aye Finance raised Rs 180 Cr from several lenders

Gurugram-based financial services startup Aye Finance raised Rs 180 Cr in debt from several India & foreign lenders. The company is looking to use this fundraise to support the MSME segment and provide business loans to the underserved business sector during the time of this crisis. Aye Finance caters to unbanked micro-enterprises of India by offering B2B loans, offering its services in 14 states and has over 173 branches and 2,900 employees, and disbursed 2 Lakh loans amounting to Rs 2700 Cr to over 196K small scale businesses

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