India: Arohan in talks with sovereign wealth funds, PEs to raise $200m

India: Arohan in talks with sovereign wealth funds, PEs to raise $200m

Photo: Reuters

Arohan Financial Services is in talks to raise $200 million from existing and new investors, two people aware of the matter said on condition of anonymity, as the microfinance firm backed by the Aavishkaar-Intellecap group looks to expand business before a public share sale.