Aye Finance in India secures INR 1 trillion ($14 million) in BlueOrchard debt financing

Aye Finance, based in India, has bought INR 1 billion (over $14 million) from BlueOrchard in debt financing.

Management of Aye Finance indicated that it will use the capital generated to further extend its product and service line (in India), which primarily includes its loan portfolio for small to medium-sized businesses (SMB). CapitalG, Alphabet's growth equity fund, is known to finance debt financing. The new funding is the th....