IntelleCash is a young MFI that provides working capital and business loans to individuals and small businesses. IntelleGrow, an IntelleCash entity, has to date offered loans to 55 SME’s to the sum of USD$22 million. Of those loans, 75% were utilised to advance healthcare, clean energy, and financial inclusion across the low income segment.
IntelleCash intends to transform into a small finance bank, offering additional financial services to low-income rural households in India. In pursuit of IntelleCash’s vision, Goodwell Investment facilitated a 60% acquisition of Arohan. The acquisition allowed for IntelleCash to pursue its growth strategy while providing capital base for building debt capacity.