Namdev Finvest Raises $37 Million to Expand MSME Lending in Rural India
Jaipur, India — Jaipur-based non-banking financial company (NBFC) Namdev Finvest Private Limited has secured $37 million (approximately ₹324 crore) in fresh funding from a consortium of leading global investors including FMO, IIX, Franklin Templeton AIF India, and Symbiotics. The capital was raised through a combination of listed non-convertible debentures (NCDs) and external commercial borrowings (ECBs). … Read more