Funding
Blue Earth leads Rs 200 crore investment in GrowXCD
Swiss impact investment firm Blue Earth Capital and Amsterdam Stock Exchange-listed Prosus Ventures and others have together invested about Rs 200 crore in Chennai-headquartered GrowXCD Finance, a startup lender to small businesses.
Blue Earth Capital led the funding round, investing Rs 105 crore, while Prosus put in Rs 70 crore, GrowXCD Finance’s founder-cum-managing director, Arjun Muralidharan, told ET.
Lok Capital, which first invested in the non-bank lender in November 2023, has raised its stake in the company with Rs 21 crore. UC Impower put in…
Continue Reading