Samunnati, a Chennai-based startup that provides financial, co-financial and non-financial solutions to marginal, small and medium holders including farmers, agri enterprises and wholesale/retailers, announced it has raised $20 million in debt from the US International Development Finance Corporation (DFC), according to the ETtech report. The startup will use the capital to expand its financing and…
US International Development Finance Corporation (DFC), America’s development bank that invests in projects that create jobs in emerging markets, announced that it has committed a $10 million loan to Milk Mantra, a new-age dairy food startup in India, according to YourStory report. Commenting on the investment, Ajay Rao, Director of DFC’s Social Enterprise Finance Team,…
Caspian Debt, a Hyderabad-based digital corporate lending financial services firm, announced it has raised $20 million as long-term debt. The debt provider has raised this capital from the US International Development Finance Corporation (USIDFC), an arm of the US government that provides finance to impact-oriented projects, Caspian said in a statement. This fund facility will…