Electronica Finance Ltd secures $48m Series-B funding led by LeapFrog Investments and Aavishkaar Capital for expansion and asset growth in Indian manufacturing.

Electronica Finance Ltd (EFL) secures $48m in Series-B funding led by LeapFrog Investments and Aavishkaar Capital. The financing will strengthen EFL's balance sheet and support expansion, with plans to increase assets under management (AUM) in the high-growth manufacturing segment in India. EFL offers loans for various purposes in semi-urban and rural areas, aiming to provide sustainable financial inclusion.

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