Aye Finance raises $3.9m from Hinduja Finance and IntelleGrow

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Aye Finance, a Gurugram-based small business loan provider, said it has raised Rs25 crore through a securitization deal from investors including Hinduja Leyland Finance and Intellegrow. This is the second such deal for Aye Finance. Founded in 2014 by Sanjay Sharma and Vikram Jetley, Aye Finance is a non-banking finance company (NBFC) that provides mortgage, hypothecation and term loan services to micro, small and medium enterprises (MSMEs).

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