Aspada invests Rs 10 Crore in NeoGrowth NBFC
Aspada Investment Company has made an investment of INR 10 Crore (USD $1.62 million) in Mumbai based NeoGrowth Credit, a nonbank financial company (NBFC) that extends short...
NMI Frontier Fund invests Rs 4 Crore in Belstar Investment and Finance
NMI Frontier Fund today announced an investment of approximately INR 4,00,00,000 (USD 900,000) into Belstar Investment and Finance, a microfinance institution operating principally in the Southern...
Upaya Social Ventures invests in Samridhi Agriproducts
Upaya Social Ventures has announced that it will be collaborating with Samridhi Agri-Products to establish community dairies that will create jobs and stabilize income for families living...
International Finance Corporation planning to invest up to Rs 160 Crore in Bandhan
IFC is planning to invest US$ 35 Million in Kolkata-based Microfinance firm – Bandhan to fund its credit growth and expansion plans. Founded by...
SBI acquires 20% stake in it’s banking correspondent – A Little World
India’s largest bank The State Bank of India has bought a 20% stake in a technology service provider – A Little World Pvt Ltd...
Grama Vidiyal Micro Finance Limited (GVMFL) raises $ 4.25 Million
Microfinance is emerging as the most funded sector in recent times if the recent funding action is anything to go by.
Grama Vidiyal Micro Finance...
IFMR Mezzanine Finance Private Ltd launches Operations
A new partner for Indian MFIs arrives
By IFMR Blog Team
Puneet Gupta is restless and visibly excited. The last ten days have been the culmination...