Aye Finance Secures INR 110 Cr Debt Ahead Of IPO

Aye Finance, a fintech company that provides small businesses with affordable credit, has raised INR 110 crore in debt funding ahead of its planned initial public offering (IPO). The funding will be utilized to strengthen its balance sheet and support the company's expansion plans. Aye Finance aims to increase its customer base among micro, small, and medium-sized enterprises (MSMEs) by offering them tailored financial products. This new investment highlights the growing investor interest in financial technology services aimed at supporting underserved businesses in India, especially in the post-pandemic economy.