Aspada Investment Company has made an investment of INR 10 Crore (USD $1.62 million) in Mumbai based NeoGrowth Credit, a nonbank financial company (NBFC) that extends short term working capital and inventory loans to small merchants in India against future credit and debit card sales. NEOGROWTH CREDIT
Microfinance is emerging as the most funded sector in recent times if
India’s largest bank The State Bank of India has bought a 20%
Though equity investment in microfinance is a small market niche, it’s growing
IFC is planning to invest US$ 35 Million in Kolkata-based Microfinance firm
Aspada Investment Company has made an investment of INR 10 Crore (USD $1.62 million) in Mumbai based NeoGrowth Credit, a nonbank financial company (NBFC) that
Microfinance is emerging as the most funded sector in recent times if the recent funding action is anything to go by. Grama
India’s largest bank The State Bank of India has bought a 20% stake in a technology service provider – A Little World
Though equity investment in microfinance is a small market niche, it’s growing fast. But just what criteria are investors using to make
IFC is planning to invest US$ 35 Million in Kolkata-based Microfinance firm – Bandhan to fund its credit growth and expansion plans.
Upaya Social Ventures has announced that it will be collaborating with Samridhi Agri-Products to establish community dairies that will create jobs and stabilize income for
NMI Frontier Fund today announced an investment of approximately INR 4,00,00,000 (USD 900,000) into Belstar Investment and Finance, a microfinance institution operating principally in