CapitalG led a $27.74m Series E round in Aye Finance.

CapitalG, a Google-operated investment firm, led a $27.74m Series E funding round in Aye Finance, a fintech company. Other participants in the round include LGT Lightstone, Falcon Edge, A91 Partners and MAJ Invest. "Closing a major funding round during these times of economic uncertainty reinforces the value that our investors see in Aye Finance. Our deep connect with customers, our engaged team that rates us as a great place to work, our extensive presence on the field, supported with automation, is a huge differentiator that enables us to optimally restrict credit losses. This equity investment will further add to liquidity that will enable us to emerge strong from the COVID-19 crisis and continue to benefit millions of micro-enterprises across India," Sanjay Sharma, Aye Financial Managing Director.