Emerald Finance raises ₹10 crore via preferential allotment

Emerald Finance raised ₹10 crore through preferential allotment of 7.65 lakh shares at ₹131 each, boosting equity capital to ₹34.54 crore. Funds will support retail and MSME lending expansion and enhance the digital Early-Wage-Access (EWA) product, offering short-term salary advances through employer collaborations.