Abler Nordic leads $5 million infusion in Sindhuja Microcredit

Sindhuja Microcredit has secured $5 million in fresh funding from overseas investors Abler Nordic, Gawa Capital, and Oikocredit. This capital infusion will bolster the company's financial standing and fuel its business expansion plans. The funds will be used to strengthen the company's capital base. The microfinance lender's gross loan portfolio reached Rs 1080 crore by the end of March.