19 Jun, 2013
The Leela Palace, Bengaluru
Thursday, July 7, 2011 - 05:30 IST
Blackstone To Invest Rs 150Cr In FINO
BY Madhav A Chanchani
FINO develops technologies which enable financial institutions to serve the under-served and the unbanked sector.
Private equity major Blackstone Group is investing Rs 150 crore ($33 million) in FINO Ltd, which provides technology solutions for banks and microfinance institutions, for a significant minority stake. The cash infusion will be used for funding overall...
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