<ul><li>Jaipur-based Finova Capital raises $135 million in a Series E funding round.</li><li>The round was led by Avataar Venture Partners, Sofina, and Madison India Capital.</li><li>Finova plans to use the funds to grow its loan book, expand geographically, and enhance its technology infrastructure.</li><li>Despite catering to the high-risk MSME sector, Finova has maintained high asset quality and reported strong financial performance.</li></ul>

Finova Capital raises $135 million in series E funding led by Avataar Venture Partners, others

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