Omidyar Network and existing investor Michael and Susan Dell Foundation have invested INR 28 crores in Mumbai-based NBFC company IntelleGrow. The funding will be used by the company to increase its loan book to INR 500 crore,up from its current INR 50 crore book size. This is the second round of institutional funding for the company which had raised.10 crore from the Michael and Susan Dell Foundation in February last year.
Source: Times of India
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