- Accion, a US-based non-profit organisation, has sold its stake in Aye Finance to Indian investment firm A91 Partners.
- A91 is a venture capital firm founded by ex-Sequoia executives VT Bharadwaj, Abhay Pandey, Gautam Mago and Kaushik Anand in November 2018.
- The firm has been focusing on startups in consumer, financial services, technology and healthcare sectors in India.
- Fintech lender Aye Finance was founded in 2014 and caters to unbanked micro-enterprises of India.
Read full article: inc42.com