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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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How was German investment firm DEG's exit from Equitas?

Finance

06 June, 2017

How was German investment firm DEG's exit from Equitas?

German investment and development corporation Deutsche Investitions- und Entwicklungsgesellschaft (DEG) has struck its second profitable exit in as many years ......

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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 ......

Bharat Financial Inclusion in talks with three banks for stake sale

Finance

25 May, 2017

Bharat Financial Inclusion in talks with three banks for stake sale

Bharat Financial Inclusion Ltd, India’s first microlender to go public, is open for a complete takeover or a partial stake ......

IFC to make $20 mn debt investment in RGVN North East Microfinance

Finance

30 March, 2017

IFC to make $20 mn debt investment in RGVN North East Microfinance

International Finance Corporation has proposed to make a debt investment of up to $20 million (about 130 crore) in Guwahati, ......

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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), ......

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Dewan Housing Finance seeks to acquire micro lending firm

General

03 February, 2017

Dewan Housing Finance seeks to acquire micro lending firm

Mumbai-based listed housing finance firm Dewan Housing Finance Corporation Ltd (DHFL) is seeking to acquire a small lending company to ......

India Infoline to acquire Samasta Microfinance

General

17 November, 2016

India Infoline to acquire Samasta Microfinance

India Infoline Finance Ltd will acquire Samasta Microfinance Ltd to enter the microfinance segment and extend its offerings, the non-banking ......

IFMR Capital raises $25 mn from Eight Roads Ventures; LeapFrog partly exits

General

11 November, 2016

IFMR Capital raises $25 mn from Eight Roads Ventures; LeapFrog partly exits

Chennai-based non-banking financial company IFMR Capital has closed a second round of institutional funding from Eight Roads Ventures, the investment ......

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Warburg Pincus-backed Capital First looks to diversify loan book with M&As

General

08 November, 2016

Warburg Pincus-backed Capital First looks to diversify loan book with M&As

Capital First Ltd, a non-banking finance company majority owned by private equity firm Warburg Pincus, is looking to strike acquisition ......