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Kedaara Capital-backed Spandana Sphoorty makes peace with founder Padamaja Reddy

Finance

23 June, 2022

Kedaara Capital-backed Spandana Sphoorty makes peace with founder Padamaja Reddy

Spandana Sphoorty has resolved all differences with founder and managing director Padmaja Reddy by an in-principal agreement, 8 months after ......

Kedaara-backed Spandana Sphoorty rejigs top brass after founder's ouster

Finance

22 November, 2021

Kedaara-backed Spandana Sphoorty rejigs top brass after founder's ouster

Kedaara Capital-backed microlender Spandana Sphoorty Financial Limited (Spandana) has appointed Shalabh Saxena, the current chief of Bharat Financial Inclusion Ltd, ......

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Differences with Kedaara Capital led to Spandana founder's exit

Finance

04 November, 2021

Differences with Kedaara Capital led to Spandana founder's exit

Spandana Sphoorty Financial Ltd founder and managing director Padmaja G. Reddy was asked to resign from the microlender following differences ......

Spandana Sphoorty raises $270 mn, exits CDR

Finance

04 April, 2017

Spandana Sphoorty raises $270 mn, exits CDR

Spandana Sphoorty Financial Ltd has raised over $100 million (about Rs 650 crore) in equity capital from a consortium of ......

Kedaara Capital set to take control of microlender Spandana Sphoorty

Finance

17 March, 2017

Kedaara Capital set to take control of microlender Spandana Sphoorty

Private equity firm Kedaara Capital Investment Managers Ltd is in talks with Hyderabad-based microfinance firm Spandana Sphoorty Financial Ltd to ......