Arogga Limited announced that it has received $0.2 million in funding from Falcon Network, Ratio Ventures, Sketchnote Partners, IDLC Finance Limited, SRB Ventures, Hyper and other investors
October 24, 2023
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On October 25, 2023, Arogga Limited closed the transaction. The company amended the terms of the transaction. The company received $4 million in its third and final tranche.
The company raised $5.5 million in the transaction.
IDLC Finance Limited is a Bangladesh-based non-banking financial institution. The Company's products and services include small and medium enterprise (SME) loans, corporate loans and consumer loans. Its corporate loans include corporate finance, supply chain finance, structured finance solutions and green finance. Its green financing includes renewable energy, energy and resource efficiency, liquid waste management, and solid waste management. The Company's consumer loans include home, car and personal. Its SME loans include SME term/lease, working capital, seasonal, commercial vehicle and Abashan. The Company operates in capital markets through its subsidiaries, such as IDLC Securities Limited, IDLC Investments Limited and IDLC Asset Management Limited. Its capital market products and services include cash account, margin account, investment banking services, cap-invest (non-discretionary portfolio), discretionary portfolio management, mutual funds and alternate investment fund.
Arogga Limited announced that it has received $0.2 million in funding from Falcon Network, Ratio Ventures, Sketchnote Partners, IDLC Finance Limited, SRB Ventures, Hyper and other investors
IDLC FINANCE PLC. 
