India NBFC raises $14m Series E round
Dvara KGFS, a non-banking finance company (NBFC) backed by Indian financial inclusion investor Dvara Trust, has raised INR970 million ($14 million) in Series E funding led by Stakeboat Capital.
Existing investor Leapfrog Investments and Dvara Trust also took part. The parent company is the largest shareholder with a 45% stake as of March 2019, while Leapfrog holds 22% and Accion International...
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