Edelweiss advised Suryodaya Small Finance Bank on raising USD 35m from a consortium of investors led by KfW DEG

Suryoday is a Small Finance Bank based out of Maharashtra with an AUM of ~INR 24,920 million as on December 2018. Suryoday is focused on the “under-banked” and “un-banked” sectors of the society with a credit product suite of Joint Liability Group loans, MSME loans, Housing loans, Loan Against Property, Commercial Vehicle loans and loans to SME and Financial Intermediary Group.
Edelweiss advised Suryoday on raising US$ 35 mn from a consortium consisting of DEG, Kotak Life Insurance, existing investors and promoters.

Edelweiss Financial Services

Advised in the sale of

Suryoday Small Finance Bank Limited


A consortium of private investors led by KfW DEG

Financial Services

MidCap Alliance