Aye Finance raises $27.5 Mn round led by CapitalG; valuation crosses $250 Mn
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Microlending platform Aye Finance has secured Rs 210 crore ($27.5 million) worth Series E funding round led by its existing backer CapitalG, Google’s venture capital fund under its parent entity Alphabet Inc. The regulatory filings have reflected that the company has allotted 34,09,800 Series E preference shares for Rs 615.87 per share. Share prices have increased by 44.3% as compared to the Series D funding round.