Microfinance lender Annapurna Finance raises $15M from Proparco

Bhubaneshwar-based micro finance lender Annapurna Finance has raised $15 million from Proparco, private-sector financing arm of French Development Agency (AFD), in a Series A2 funding round. This is the fourth capital raise by Annapurna in the last 15 months, taking the total capital infusion to $100 million. In March 2021, the company had raised $30 million from Nuveen Global Impact Fund followed by…
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