SMILE Microfinance on the block

By Bruhadeeswaran R

  • 22 Feb 2017
Premium
Fire Exit Sign Light box on wall with lighting Building Safety signage system | Credit: Thinkstock

Chennai-based SMILE Microfinance Ltd is up for sale with both its majority shareholder, US fund manager Developing World Markets (DWM), and its founder looking to exit the company.The 13-year-old microlender is in an advanced stage of talks with potential buyers to provide an exit to DWM and the founder, finance ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Become a Premium member
Already a member? Click here to log in.