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Muthoot Microfin kicks off process for large IPO

Finance

12 April, 2018

Muthoot Microfin kicks off process for large IPO

Muthoot Microfin Ltd, the microloan arm of Kerala-based Muthoot Pappachan Group, has selected merchant bankers for an initial public offering ......

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Microlender SV Creditline ropes in insurer as first external equity investor

Finance

26 March, 2018

Microlender SV Creditline ropes in insurer as first external equity investor

Gurugram-based microfinance company SV Creditline Pvt. Ltd, which has raised debt capital from several investors, has roped in an insurance ......

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PE-backed microlender Spandana Sphoorty picks bankers for IPO

Finance

23 March, 2018

PE-backed microlender Spandana Sphoorty picks bankers for IPO

Spandana Sphoorty Financial Ltd, a microlender which counts private equity firm Kedaara Capital among its investors, has selected merchant banks ......

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Vikram Akula-backed Vaya Finserv to raise first external funding

Finance

20 February, 2018

Vikram Akula-backed Vaya Finserv to raise first external funding

Hyderabad-based Vaya Finserv Pvt. Ltd, a microlender backed by social entrepreneur and SKS Microfinance founder Vikram Akula, is in talks ......

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Margdarshak Financial looking to raise funds, double its loan book

Finance

29 November, 2017

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 ......

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CreditAccess-backed microlender Grameen Koota readying for IPO

Finance

12 September, 2017

CreditAccess-backed microlender Grameen Koota readying for IPO

Bengaluru-based microfinance firm Grameen Koota Financial Services Pvt. Ltd is readying for an initial public offering, two persons familiar with ......

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In Charts: How microfinance industry performed in April-June quarter

Finance

01 September, 2017

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 ......

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SV Creditline plans Series A funding to triple loan book

Finance

25 July, 2017

SV Creditline plans Series A funding to triple loan book

New Delhi-based microfinance company SV Creditline Pvt. Ltd is looking to raise its maiden equity funding to increase its reach ......

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Former Satin Creditcare exec Vivek Tiwari floats NBFC

Finance

27 June, 2017

Former Satin Creditcare exec Vivek Tiwari floats NBFC

Vivek TiwariVivek Tiwari has floated a non-banking financial company (NBFC) Satya MicroCapital Ltd to provide affordable credit in the ......

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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 ......