CapitalG committed $4.7m to Aye Finance's $33.3m series D round, which closed in conjunction with a $2.2m debt investment from Karvy Capital.
India-based online loan provider Aye Finance has completed a $33.3m series D round backed by CapitalG, the growth-stage investment arm of internet and technology conglomerate Alphabet, Entrackr has reported.
Hedge fund manager Falcon Edge led the round with a $22m investment while CapitalG contributed $4.7m towards the funding. It also featured alternative investment firm LGT Capital Partners and MAJ, which invested $4.2m and $2.2m respectively, according to a regulatory filing.
Karvy Capital, the asset management arm of financial services firm…
