Microfinance lender Annapurna raises Rs155 crore from OIJIF2 min read 06 Jun 2018, 08:47 PM IST
With a portfolio of over 2,000 crore, Annapurna is one of the leaders in microfinance in eastern India and serves over 1.2 million borrowers through a network of more than 400 branches across 14 states
Mumbai: Annapurna Microfinance Pvt. Ltd on Wednesday said it has raised ₹ 155 crore from Oman India Joint Investment Fund (OIJIF), a private equity fund backed by Oman’s sovereign wealth fund State General Reserve Fund and India’s largest lender State Bank of India.
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