Latest MFI News | MFI News | MFI Funding | MFI Fund - vccircle
Advertisement

MFI

Development of MFIs crucial to financial inclusion: Panellists at VCCircle summit

Finance

29 November, 2017

Development of MFIs crucial to financial inclusion: Panellists at VCCircle summit

The success of India's financial inclusion drive hinges on the development of microfinance institutions (MFIs), panellists at the fifth edition ......

Premium
Margdarshak Financial looking to raise funds, double its loan book

Finance

29 November, 2017

Margdarshak Financial looking to raise funds, double its loan book

Lucknow-based microfinance company, Margdarshak Financial Services Ltd, is looking to raise capital in an effort to more than double its ......

Premium
In Charts: How microfinance industry performed in April-June quarter

Finance

01 September, 2017

In Charts: How microfinance industry performed in April-June quarter

India’ microfinance institutions (MFIs) have shown small signs of recovery in the first quarter of the fiscal year that began ......

Premium
Madura Micro Finance raising more capital from strategic investor

Finance

09 May, 2017

Madura Micro Finance raising more capital from strategic investor

Non-banking financial company Madura Micro Finance Ltd (MMFL) is raising a second tranche of equity capital in its Series B ......

Spandana Sphoorty raises $270 mn, exits CDR

Finance

04 April, 2017

Spandana Sphoorty raises $270 mn, exits CDR

Spandana Sphoorty Financial Ltd has raised over $100 million (about Rs 650 crore) in equity capital from a consortium of ......

Premium
SMILE Microfinance on the block

General

22 February, 2017

SMILE Microfinance on the block

Chennai-based SMILE Microfinance Ltd is up for sale with both its majority shareholder, US fund manager Developing World Markets (DWM), ......

Premium
PE firm True North to partially exit small finance bank licensee Fincare

General

08 February, 2017

PE firm True North to partially exit small finance bank licensee Fincare

Fincare Business Services Pvt. Ltd, a financial services holding company, is in late-stage discussions to raise external equity funding that ......

Ujjivan IPO covered over 40 times on final day

General

02 May, 2016

Ujjivan IPO covered over 40 times on final day

The initial public offering of Bengaluru-based microfinance firm Ujjivan Financial Services Ltd drew a massive response on the third and ......

Ujjivan IPO covered 81% on day 2

General

29 April, 2016

Ujjivan IPO covered 81% on day 2

Bengaluru-based microfinance firm Ujjivan Financial Services Ltd's initial public offering (IPO) was covered 81% at the end of the second ......

Ujjivan IPO gets off to a slow start

General

28 April, 2016

Ujjivan IPO gets off to a slow start

Bengaluru-based microfinance firm Ujjivan Financial Services Ltd's initial public offering (IPO) made a slow start on Thursday with the issue ......