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LeapFrog investments, Aavishkaar infuse $48 mn in Electronica Finance
LeapFrog investments, Aavishkaar infuse $48 mn in Electronica Finance
April 29, 2024
The fund will pave the way for EFL's expansion, specifically in financing for MSMEs in India's high-growth manufacturing sector.

Global investment firm LeapFrog Investments and impact fund manager Aavishkaar Capital have jointly infused $48 million as equity capital in the Electronica Finance Limited (EFL). The investment aims to support Pune-based finance company’s plans for funding MSMEs and rooftop solar projects.

The funds secured would strengthen EFL’s balance sheet and provide the foundation for another phase of rapid expansion. It would be used to increase financing MSMEs in the high-growth potential manufacturi...
View more at: https://www.1888pressrelease.com/leapfrog-investments-aavishkaar-infuse-48-mn-in-electronic-pr-734735.html

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