Ratan Tata’s Avanti Finance raises $24 Mn to scale customer base
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Bengaluru-based NBFC Avanti Finance has reportedly raised $24 Mn from Rabo Partnerships and IDH Farmfit Fund, among others. Existing investors Oikocredit and Nandan Nilekani’s family office NRJN Trust also invested in the funding round, ET reported. The funding is in line with Rabo Partnerships’ focus on providing data-driven finance solutions to smallholder farmers through local cooperatives and service providers.