SBFC Finance Secures INR 4,000 Million from British International Investment to Empower Low-Income and Women Entrepreneurs in India

SBFC Finance Ltd, a leading Pan-Indian financier for Micro, Small, and Medium Enterprises (MSMEs), has received INR 4,000 million of financing from British International Investment (BIl), the UK's development finance institution and impact investor. This funding aims to enable low-income MSMEs and women borrowers to grow their businesses with access to finance, targeting the most underserved segments within the MSME segment. The proceeds will be divided, with half aimed at bridging the MSME financing gap for entrepreneurs with low household income and the other half for women borrowers. This expanded access to finance will help up to 5,000 customers to improve economic opportunities and income levels, enabling them to better support their families. SBFC Finance, a RBI registered, non-deposit taking non-banking financial company (NBFC), operates in 16 states and 2 Union Territories, with 197 branches in 157 cities. It has served more than 90,000 customers across the country and has INR 8,148 crores of Asset Under Management. The fundraise will help SBFC fund more low-income entrepreneurs and women who want to make a difference in society.