PE-backed CreditAccess pumps in fresh money into IPO-bound Grameen Koota

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Bengaluru-headquartered microfinance company CreditAccess Grameen Ltd, which operates as Grameen Koota and is gearing up to float its initial public offering, has raised fresh capital from its promoter.The company raised Rs 310 crore ($48 million) from CreditAccess a few weeks ago, according to the company's draft red herring prospectus. One ......