SATYA MicroCapital Ltd., a NBFC-MFIs, has announced the appointment of Mrs. Deepali Pant Rajeev Joshi, as a new Independent Director on the Company’s Board with effect from September 24, 2021. Mrs. Joshi has done post-doctoral work in Finance and Economics (on secondment from the RBI) from Harvard University Harvard Asia Centre. She is member of…
SATYA MicroCapital Ltd, a RBI registered NBFC-MFI, announced that it has successfully raised Rs 72.5 cr via Swiss impact investor BlueOrchard Finance Limited for the second time since its inception in 2017. The funding is received through InsuResilience Investment Fund (IIF) and Japan ASEAN Women Empowerment Fund (JAWEF) managed by BlueOrchard, the Company said in…
Satya MicroCapital Ltd, a New Delhi-based micro-lending company, announced it has raised Rs 105 crore in equity funding by Gojo & Company, Inc. This is one of the first investments in the microfinance sector after the nationwide lockdown. The company will utilise the recent capital infusion in a diversified manner for employment generation and livelihood…
Gojo & Company, Inc, a Tokyo-headquartered company that extends financial inclusion to micro, small, and medium-sized enterprises, announced that it has successfully closed first of its ongoing Series D financing rounds with $22 million in growth capital secured by March 2020. The final close is expected to be announced by July 2020. The company will…