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Avanti Finance raises $26mm from Oikocredit, Nomura, Gates Foundation

Bengaluru, [7th April, 2021]: Bengaluru based Avanti Finance (“Avanti”), a technology led NBFC focused  on financial inclusion, has raised US$26 million (INR 195 crores) in debt and equity from Oikocredit,  Nomura and the Bill & Melinda Gates Foundation. Technopreneur cum philanthropist Pratul Shroff &  existing investor NRJN Trust also participated in the round. Avanti will use the funds to strengthen its  platform and expand its presence to accelerate livelihoods purpose credit and other financial products to  the next 100 million unserved and underserved households in India.

Read the full Press Release here.