SAVE Solutions Pvt Ltd, a rural financial inclusion services group, has raised Rs 60 crore funding from existing investors, Incofin and Maj Invest in a follow-on round.
The company will deploy these funds to scale up its secured MSME finance and microfinance businesses.
Also, the amount will be used for scaling up its two fully-owned subsidiaries operating in the micro MSME and Grameen microfinance segment.
