Advent International & Multiples to invest Rs 1,930 cr in Ananya Birla’s Svatantra Microfin

Svatantra Microfin, led by Ananya Birla, raised Rs 1,930 crore from Advent International and Multiples Private Equity. It has a business serving over 4.2 million customers across 20 states, with a team of 17,000 employees and a microfinance loan portfolio of Rs 3.99 lakh crore. The total equity of NBFC-MFIs reached Rs 31,825 crore.
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