SSA Finserv raises $3 million from Blue Ashva Capital

Date posted: Wednesday 13 January 2021

Small businesses-focused non-banking lender SSA Finserv has raised $3 million (around Rs 21 crore) from Blue Ashva Capital. The money, invested through Blue Ashva Sampada Fund, will be used to expand lending from top cities to small towns. SSA offers loans in the Rs 10 lakh to Rs 1 crore ticket size across manufacturing, services, and trading segments with a turnover of Rs 1-50 crore.

(Hindu Business Line)