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Abler Nordic backs Sindhuja Microcredit with 5 million infusion to fuel faster growth

Business
Published on 11 May 2026
Abler Nordic backs Sindhuja Microcredit with 5 million infusion to fuel faster growth

Investors add fresh capital as loan book hits 1080 crore

Sindhuja Microcredit has raised a $5 million funding round led by overseas investors Abler Nordic along with Gawa Capital and Oikocredit. The fresh capital will strengthen the company’s capital base and support expansion plans. By the end of March, the microfinance lender’s gross loan portfolio reached Rs 1080 crore, underlining its growing scale.

  • Sindhuja Microcredit secured $5 million in fresh overseas funding
  • Deal led by Abler Nordic with Gawa Capital and Oikocredit
  • Funds will bolster the lender’s capital base for expansion
  • Gross loan portfolio climbed to Rs 1080 crore by March end
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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