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Sindhuja Microcredit raises Series C from two European institutions

Finance

28 March, 2024

Sindhuja Microcredit raises Series C from two European institutions

Rural-focussed microfinance institution (MFI) Sindhuja Microcredit has raised $14.5 million (Rs 120 crore) in its Series C funding round from ......

Satya MicroCapital raises $15 mn from existing investor Japan's Gojo & Co

Finance

24 June, 2022

Satya MicroCapital raises $15 mn from existing investor Japan's Gojo & Co

Microfinance lender Satya MicroCapital (Satya), focused on self-employed rural women, has raised fresh funding of $15 million (around Rs 117 ......

Japan-based Gojo & Company leads investment in women-focused Satya MicroCapital

Finance

06 August, 2018

Japan-based Gojo & Company leads investment in women-focused Satya MicroCapital

Women-focused Satya MicroCapital Ltd has raised Rs 43 crore ($6.27 million) in equity funding led by new investor Gojo & ......

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PE-backed CreditAccess eyes stellar returns from partial exit in microlender's IPO

Finance

01 August, 2018

PE-backed CreditAccess eyes stellar returns from partial exit in microlender's IPO

Netherlands-based CreditAccess Asia NV, which owns CreditAccess Grameen Ltd that operates under the Grameen Koota brand, is set to churn ......

Microlender Sambandh gets equity funding from Singapore investor

Finance

11 July, 2018

Microlender Sambandh gets equity funding from Singapore investor

Sambandh Finserve Pvt. Ltd has raised $2.5 million (Rs 17.2 crore) in equity funding from Singapore-based Base of Pyramid Asia ......

Oman India Joint Investment Fund backs NBFC Annapurna Finance

Finance

06 June, 2018

Oman India Joint Investment Fund backs NBFC Annapurna Finance

Bhubaneswar-based non-banking financial company (NBFC) Annapurna Finance Pvt. Ltd has raised Rs 155 crore ($23 million) from mid-market private equity ......

IndusInd Bank signs pact to acquire Bharat Financial

Finance

14 October, 2017

IndusInd Bank signs pact to acquire Bharat Financial

IndusInd Bank Ltd said on Saturday it has agreed to buy microlender Bharat Financial Inclusion Ltd in an all-stock deal.The ......

Bajaj Allianz joins TPG, other existing investors to park $161 mn in Janalakshmi

Finance

11 September, 2017

Bajaj Allianz joins TPG, other existing investors to park $161 mn in Janalakshmi

Bengaluru-based microlender Janalakshmi Financial Services Pvt. Ltd, which had secured a licence for floating a small finance bank, has raised ......

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TPG-backed Janalakshmi raising large PE round from new, existing investors

Finance

16 June, 2017

TPG-backed Janalakshmi raising large PE round from new, existing investors

Bengaluru-based small finance bank licencee Janalakshmi Financial Services (JFS) is in talks to raise a fresh round of equity funding ......

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Company watch: Janalakshmi all set for new innings with robust financials

Finance

29 May, 2017

Company watch: Janalakshmi all set for new innings with robust financials

When India’s microfinance industry went through a crisis in the years after Andhra Pradesh framed strict rules for the sector ......