Muthoot Microfin Moves To Raise $40 Million From Swiss Investors
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Muthoot Microfin has initiated the process of raising $40 million in external debt from Swiss impact investors responsAbility Investments and BlueOrchard as part of its efforts to diversify funding sources.
The company plans to secure $25 million from responsAbility and $15 million from BlueOrchard. According to CEO Sadaf Sayeed, the fundraising process is expected to be completed by December 2026, following an earlier delay caused by elevated currency hedging costs.
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