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New Deal


Announced

Completed

British International Investment led a $37m Series F funding round in Aye Finance.

Financials

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Transaction Value£29m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Venture Capital

Minority

Completed

India

finance company

FinTech

business loans

Acquisition

Cross Border

Friendly

Single Bidder

Synopsis

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British International Investment, a development finance institution of the UK government, led a $37m Series F funding round in Aye Finance, an Indian micro-enterprise lender, with participation from Waterfield Fund of Funds and A91 Partners. “Aye Finance is on a growth journey and we are delighted to partner with BII who have a deep understanding of the financial services sector in India,” Sanjay Sharma, Aye Finance Co-Founder, Managing Director and CEO.

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