July 27, 2024
Loans

Flow Capital Announces a US$5.0M Loan to Tech-Enabled Marketplace of Co-living Spaces

Flow Capital Corp. TORONTO, ON, July 03, 2024 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital, is pleased to announce the closure of a US$5.0M senior note investment in a US-based tech-enabled marketplace of flexible co-living spaces, with a first tranche advance of US$3.0M.

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Investment

Annapurna Finance secures $75m investment from Piramal Alternatives to boost microfinance

Piramal Alternatives, the fund management division of the Piramal Group, today announced a significant investment of $75m in Annapurna Finance Private Limited, a leading non-banking finance company focused on microfinance. The investment includes a mix of secondary share purchases and provision of Tier-2 capital, which will enable the company to continue its risk-adjusted growth strategy. Annapurna

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