India Dealbook: Yelo, Satya MicroCapital, Mobikwik in funding news

India Dealbook: Yelo, Satya MicroCapital, Mobikwik in funding news

Photo: Reuters

New-age digital banking startup Yelo has raised its first round of institutional funding while Satya MicroCapital has raised about $4 million through non-convertible debentures (NCDs). Meanwhile, Mobikwik has appointed Indian arm of New York-based investment bank Goldman Sachs for fundraise.

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