IntelleGrow seeks $34 mn in second funding round

Mumbai based venture debt lender IntelleGrow is in the market to raise a fresh round of funding and is targeting anywhere between Rs 150 crore and Rs 200 crore (between $25 million and $34 million). The company has held discussions with several global investors and international development agencies.  It expects to raise the targeted amount over the next 15-20 month in the form of long term debt, nonconvertible debentures and equity.

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