Friday, April 26, 2024
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Aum

The investment firm stated that it adopts a meticulous six-step, institutional-grade due diligence process backed by deep market insight and expertise

Nabventures Fund is a growth equity fund with AUM (asset under management) of Rs 598 crore that invests in food, agritech, and rural fintech.

Since its inception, The company has provided affordable and customised business loans of over Rs 7000 crore to 6 lakh micro-enterprises and enabled their inclusion into the formal economy

The fund would seek to generate long-term capital appreciation by investing in a diversified portfolio of up to 30 businesses

The fund aims to provide strong positive absolute returns with low risk in all market conditions through a multi-strategy quant approach

The MSME-focused fintech claims to have disbursed over 70,000 loans worth over Rs 3,400 crores, with more than half of it going to first-time business loan borrowers

Arohan has raised the entire money through the issuance of compulsorily convertible preference shares (CCPS)

Moneyboxx raised total equity of Rs 48.4 crores equity in the fiscal year 2023 and Rs 93.5 crores since its inception

The company plans to utilise the funds for onward lending to the micro-entrepreneurs

Clix Capital has targetted an AUM of Rs 5000 crore by the end of this fiscal and Rs 9000 crore by FY25