Chennai's Dvara KGFS raises $7M in debt from Enabling Capital

Chennia-based NBFC firm Dvara Kshetriya Gramin Financials (Dvara KGFS) has raised $7 million in debt through External Commercial Borrowings (ECBs) from Enabling Qapital (EQ). Dvara KGFS is a medium-tier NBFC that provides loans and other financial services to more than 2.41 million customers in rural India. The firm operates over 400 branches in 110 districts in 10 states.