Swiss-based Blue Orchard invested in Aye Finance
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Aye Finance, a Fintech lending startup has raised Rs 107 crore in debt funding from Blue Orchard, a swiss based impact investor. The fresh funding will be used to extend Aye Finance’s affordable and customized credit solutions to the base-of-the-pyramid businesses of India. Aye Finance was founded in 2014 and since then it has provided Rs 2700 cr worth of credit to over 1,96,000 grassroots businesses across the country.