Dvara KGFS secures USD 27 million in debt financing
Dvara KGFS secured USD 20 million as External Commercial Borrowings (ECB) from a Dutch entrepreneurial development bank -- FMO (Financierings-Maatschappij Voor Ontwikkelingslanden) while the remaining USD 7 million was raised from investment advisory company Enabling Qapital, Luxembourg.
![Dvara KGFS secures USD 27 million in debt financing](https://cdn.zeebiz.com/sites/default/files/2024/02/21/281532-debt-obligation-banking-finance-loan-money-concept.jpg?im=FitAndFill=(1200,900))
Dvara KGFS has a presence in 10 states with 378 branches across the country, the statement added. Image Courtesy: Freepik.