Hyderabad-based microfinance company Spandana Spoorthy Finance will soon launch micro, small, and medium enterprises (MSME) lending services, said managing director and chief executive officer Shalabh Saxena. Saxena said the company has seen huge opportunities in its customer segment and also in the market in general for MSME loans, and hence has chosen to start lending into these segments. He also said we have seen demand from our existing and new customers for small business-related purposes. We will soon start micro-MSME lending. Saxena said the company also aims to reach an asset under management (AUM) of Rs 17,000 crore by the end of the financial year 2024–25. He further said that, currently, our AUM is around Rs 9,000 crore, and by the end of FY25, we want to reach Rs 17,000 crore. For this, we set a three-year plan in 2022.