MFI
Finance
Three PE firms vie to invest in Madura Micro Finance
Madura Micro Finance Ltd is in talks with at least three private equity firms to raise growth capital and offer ......
Finance
Multilateral lender to back Annapurna Finance as investors eye exit
Rural-focussed microfinance institution Annapurna Finance Pvt. Ltd is in the final stages of closing a fresh funding round aimed at ......
Finance
BancoSol CEO Kurt Koenigsfest on exploring India, learnings from MFI industry
Bolivia-based BancoSol started out as a microfinance institution before transitioning into a commercial bank around 20 years ago to keep ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
General
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), ......
General
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 ......