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New investment in India: AYE Finance

December 12, 2016

Providing working capital loans to underserved micro and small enterprises to help grow their business.

LGT IV, in collaboration with SAIF Partners and Accion Venture Lab, provided a combined equity investment of approx. USD 10.5 million. AYE Finance (AYE) is a non-banking financial company that provides debt to Micro and Small Enterprises. MSME's have the potential to double current employment among low-skilled workers in agricultural, manufacturing and services sectors.

Read more about our investment in AYE and the company’s impact here.