microfinance
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Annapurna Microfinance plans fresh fund-raise; early investor to exit
Bhubaneswar-based non-banking finance company Annapurna Microfinance Pvt. Ltd (AMPL) has initiated talks with private equity investors to raise a fresh ......
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Weekly deals tracker: Banking, finance firms lead the pack
The week saw Dutch financial services major ING dilute a part of its stake in Kotak Mahindra Bank via an ......
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IFC to invest $40 mn in microlender Ujjivan Financial via debt
International Finance Corporation (IFC) will invest up to $40 million (about Rs 268 crore) in Bengaluru-based microfinance firm Ujjivan Financial ......
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Fusion Microfinance raises $24 mn from PE firm Creation Investments, others
Fusion Microfinance has raised Rs 162 crore ($24 million) from US-based private equity firm Creation Investments in a fourth strategic ......
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IFMR extends final close for second debt fund on strong investor response
IFMR Investments, the wholly-owned subsidiary of non-banking finance company IFMR Capital Finance Pvt. Ltd, has extended the final close of ......
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IFMR Investment Managers raises third debt fund targeting microfinance firms
Chennai-based IFMR Investment Managers, a wholly owned subsidiary of IFMR Capital, is raising a Rs 100 crore (around $ 15 ......
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IDFC Bank to acquire VC-backed microlender Grama Vidiyal
IDFC Bank Ltd, India’s newest commercial bank, said on Tuesday it has signed a pact to acquire Grama Vidiyal Micro ......
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Another early investor in Satin Creditcare part-exits with handsome profit
Satin Creditcare Network Ltd, the fifth-largest microfinance in the country by gross loan portfolio, has seen one of its earliest ......
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Lok Capital MD Vishal Mehta on social impact investing and exits during a slowdown
Impact venture capital firm Lok Capital raised about $87 million in its first two funds and is now set to ......
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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 ......