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Purple Finance raises up to Rs 25 crore through NCDs
Jan-12-2026

Purple Finance has raised up to Rs 25 crore through the allotment of Non-Convertible Debentures (NCDs). The company has allotted 10,000 Senior, Secured, Rated, Listed, Redeemable, Transferable, INR Denominated, NCDs having Face Value of Rs 10,000 each aggregating to Rs 10 crore to Fourdegreewater Capital. 

It has also allotted 15,000 Senior, Secured, Rated, Listed, Redeemable, Transferable, INR Denominated, Non-Convertible Debentures having face value of Rs 10,000 each aggregating to Rs 15 crore to Ambium Finserve. The Members of Finance Committee of the Board of Directors of the company through Circular Resolution on January 12, 2026 has considered and approved the allotment of the same. 

Purple Finance is building reliable, accessible and technology-enabled financing for Micro & Small business owners. It is the first Indian NBFC to provide digitised secured microloans that offer easy and paperless on-boarding, transparent commercials and conditions, simple and easy to understand products. 


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