Accion, a US-based non-profit organisation, has sold its stake in fintech lender Aye Finance to Indian investment firm A91 Partners

  • 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