Caspian Debt gets $20 million funding from US International Development Finance Corporation

Date posted: Tuesday 26 May 2020

Digital corporate lending financial services company, Caspian Debt, announced an investment of $20 million by US International Development Finance Corporation (DFC) as long-term debt. The new investment will support Caspian Debt in providing customised, collateral-free loans digitally to professionally-managed enterprises operating in high impact sectors in India, including micro-finance, SME finance, affordable housing, affordable healthcare, sustainable agri-business and education.

(Business Line)