India: Eight Roads-backed Northern Arc secures $28.5m debt from Dutch bank FMO

India: Eight Roads-backed Northern Arc secures $28.5m debt from Dutch bank FMO

Photo by Pau Casals on Unsplash

Northern Arc Capital, which lends to impact-focused companies and also facilitates debt financing, has raised ₹200 crore from Dutch development bank FMO via rupee denominated non-convertible debentures (NCDs), said a senior executive.

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