New Delhi-based Satya MicroCapital Raises Rs 43 Cr Led by Gojo & Company

BW Online Bureau

New Delhi-based micro-finance company, Satya MicroCapital has raised Rs 43 crore in funding led by Japan’s Gojo & Company, along with existing investor Dia Vikas Capital Pvt. Ltd. The latest equity raised follows a right issue of Rs 11.5 crore in the month of May 2018. The company plans to use the funds to expand its presence across existing as well as new geographies and build a diversified loan book.