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GrowXCD Raises ₹200 Crore Led by Blue Earth Capital
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GrowXCD secures ₹200 crore to expand MSME lending operations and enhance tech capabilities, with Blue Earth leading the round.
Chennai-based GrowXCD Finance, a lender to small businesses and MSMEs, raised ₹200 crore in a funding round led by Swiss firm Blue Earth Capital. Prosus Ventures contributed ₹70 crore, while Lok Capital increased its stake with ₹21 crore. The capital will support branch expansion, technology upgrades, and portfolio growth across southern India, with plans to open 40-50 more branches by March 2027.