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Monday, October 22, 2012 - 10:20 IST
Equitas gets $26M equity infusion from IFC, existing investors
BY Bruhadeeswaran R
The MFI space is seeing a lot of activity as investors and banks are taking a renewed look at the sector.
Equitas Holdings, a Chennai-based microfinance and micro-housing finance company, has raised $ 26 million (Rs 140 crore) equity capital. It raised Rs 90 Crore from World Bank arm IFC and another Rs 50 Crore from its existing investors,...
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