According to disclosures available on the company’s website, Aviom India Housing Finance has admitted claims worth Rs 1,360 crore from financial creditors. The committee of creditors is being led by BlueOrchard, which has the largest exposure of funds to Aviom India Housing Finance. BlueOrchard is a Switzerland-based impact investor.
Other large creditors to the company include Japan ASEAN Women Empowerment Fund, Luxembourg-based InsuResilience Investment Fund, and LIC Housing Finance.
On May 13, the administrator had invited expressions of interest from potential investors. The EOIs are expected be submitted by May 28, according to the timeline provided by the administrator.
Aviom India Housing Finance lends largely to women borrowers…
