Spotlight: What went wrong with Warburg-backed Fusion Finance as stock slumps
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Spotlight: What went wrong with Warburg-backed Fusion Finance as stock slumps

By Ajay Ramanathan

  • 30 Sep 2024
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Spotlight: What went wrong with Warburg-backed Fusion Finance as stock slumps
Devesh Sachdev, MD & CEO, Fusion Finance

In December 2018, private equity firm Warburg Pincus made its debut investment in India’s microlending sector when it backed Fusion Microfinance Ltd. The US-based investor topped up its bet about a year later. While Warburg’s initial investment enabled Fusion to provide an exit to its early investors and grow its ......

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