SATYA MicroCapital, a prominent Indian microfinance startup, has successfully secured $60 million in debt funding from Sumitomo Mitsui Financial Group, a major financial institution based in Japan. Registered as a non-deposit-taking NBFC-MFI (microfinance institution) with the Reserve Bank of India, SATYA MicroCapital specializes in providing financial services to individuals often excluded from traditional banking channels due to their low, irregular, and unpredictable income. The funding will be utilized to expand its operational model, devise innovative credit offerings, diversify its product portfolio, and enhance complete end-to-end business processes for its clients. Additionally, SATYA aims to boost financial inclusion among women micro-entrepreneurs through microfinance with the aid of this funding.