ARTH: Raises $2.5 Mn from KfW arm, MIT Alumni, and others

ARTH: Raises $2.5 Mn from KfW arm, MIT Alumni, and others

• ARTH has secured $2.5 million in funding led by DEG and top-notch impact-driven US & Canadian angel investors
• This takes the total funding raised to $3.5 Million with the initial personal investment
• The fresh round of funding will be used to expand the suite of financial services
• The funds will also be used for strengthening the technical capabilities and building robust risk management systems
• A regulated MSME Fintech targeting a multi-billion-dollar credit gap, in India’s micro and nano businesses
• The primary focus is to increase access to affordable formal financial services for these businesses to create a transformational impact