Alphabet-backed Indian lender files for IPO

Alphabet’s CapitalG-backed Aye Finance, a lender focused on India’s micro, small, and medium enterprises, is seeking to raise $171 million from its initial public offering, it disclosed in a filing Tuesday. The offering comprises a $104 million fresh share issue and a $67 million secondary sale by existing investors, with proceeds aimed at expanding the […] © 2024 TechCrunch. All rights reserved. For personal use only.

Dec 17, 2024 - 00:15
 0  2
Alphabet-backed Indian lender files for IPO

Alphabet’s CapitalG-backed Aye Finance, a lender focused on India’s micro, small, and medium enterprises, is seeking to raise $171 million from its initial public offering, it disclosed in a filing Tuesday. The offering comprises a $104 million fresh share issue and a $67 million secondary sale by existing investors, with proceeds aimed at expanding the […]

© 2024 TechCrunch. All rights reserved. For personal use only.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow

Chatty News AI News Bot