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Spandana Sphoorty IPO sails through; Sterling & Wilson hits one-third mark

Finance

07 August, 2019

Spandana Sphoorty IPO sails through; Sterling & Wilson hits one-third mark

The initial public offering of Hyderabad-based microlender Spandana Sphoorty Financial Ltd sailed through on Wednesday while the share sale of ......

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Local PE firm, hedge fund among anchor investors in Spandana Sphoorty's IPO

Finance

02 August, 2019

Local PE firm, hedge fund among anchor investors in Spandana Sphoorty's IPO

Hyderabad-based microlender Spandana Sphoorty Financial Ltd has attracted prominent domestic and foreign investors, including a private equity firm and a ......

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How much will Kedaara, Helion make from partial exit in Spandana Sphoorty's IPO?

Finance

31 July, 2019

How much will Kedaara, Helion make from partial exit in Spandana Sphoorty's IPO?

Homegrown private equity firm Kedaara Capital will walk away with a bountiful harvest by selling a small part of its ......

Carpediem Capital invests in Sindhuja Microcredit in debut microfinance deal

Finance

12 April, 2019

Carpediem Capital invests in Sindhuja Microcredit in debut microfinance deal

Mid-market private equity firm Carpediem Capital has invested $4 million (Rs 27 crore) in Sindhuja Microcredit's Series A round of ......

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Triodos' Dirk Elsen on emerging markets game plan, India microfinance bets and more

Finance

18 March, 2019

Triodos' Dirk Elsen on emerging markets game plan, India microfinance bets and more

Triodos Investment Management, the fund management unit of Dutch lender Triodos Bank, has been making impact investments for 25 years ......

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Microfinance portfolio growth slows in Oct-Dec, loan quality worsens for NBFCs

Finance

27 February, 2019

Microfinance portfolio growth slows in Oct-Dec, loan quality worsens for NBFCs

The Indian microfinance industry's loan portfolio recorded robust growth during the quarter through December 2018, but the pace slowed from ......

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How much money did Sequoia Capital make from latest India exit?

Finance

12 February, 2019

How much money did Sequoia Capital make from latest India exit?

Venture capital and growth-stage investor Sequoia Capital has scored benchmark returns by selling its entire stake in a small finance ......

Asian Development Bank invests in PE-backed Annapurna Finance

Finance

04 February, 2019

Asian Development Bank invests in PE-backed Annapurna Finance

Rural-focussed microfinance institution Annapurna Finance Pvt. Ltd said on Monday that it has raised Rs 137 crore ($19.1 million at ......

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BancoSol CEO Kurt Koenigsfest on exploring India, learnings from MFI industry

Finance

28 December, 2018

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 ......

Impact investor BlueOrchard offers more debt funding to microlender Aye Finance

Finance

20 November, 2018

Impact investor BlueOrchard offers more debt funding to microlender Aye Finance

Non-banking financial company Aye Finance has raised Rs 72 crore ($10 million at current exchange rates) in debt funding from ......