Delhi-based SATYA MicroCapital Ltd, an RBI registered NBFC-MFI that caters to underbanked population and micro-enterprises, has raised about Rs 135 crore through Non-Convertible Debentures (NCDs) from impact investment fund manager responsAbility Investments and Swiss impact investor, BlueOrchard Finance Limited.
The NBFC will use the debt funds to back the liquidity needs of small and micro entrepreneurs and individual clients, helping their businesses recover from operational crises induced by COVID-19.
