1. Micro Finance
Microlender Arohan raises $24 mn from Denmark’s Maj Invest, others

Microlender Arohan raises $24 mn from Denmark’s Maj Invest, others

Bruhadeeswaran R 2 months ago
Kolkata-based Arohan Financial Services Pvt. Ltd has raised Rs 155.5 crore ($24.1 million) from new and existing investors to expand its operations, the microfinance institution...
Kedaara Capital set to take control of microlender Spandana Sphoorty

Kedaara Capital set to take control of microlender Spandana Sphoorty

Bruhadeeswaran R 4 months ago
Private equity firm Kedaara Capital Investment Managers Ltd is in talks with Hyderabad-based microfinance firm Spandana Sphoorty Financial Ltd to acquire a controlling stake. Spandana,...
Asian Development Bank investing $10 mn in Satin Creditcare Network

Asian Development Bank investing $10 mn in Satin Creditcare Network

Bruhadeeswaran R 5 months ago
Asian Development Bank is investing $10 million (around Rs 65.8 crore) in New Delhi-based Satin Creditcare Network Ltd through a preferential allotment in return for...
Exclusive: SMILE Microfinance on the block

Exclusive: SMILE Microfinance on the block

Bruhadeeswaran R 5 months ago
Chennai-based SMILE Microfinance Ltd is up for sale with both its majority shareholder, US fund manager Developing World Markets (DWM), and its founder looking to...
Exclusive: PE firm True North to partially exit small finance bank licensee Fincare

Exclusive: PE firm True North to partially exit small finance bank licensee Fincare

Bruhadeeswaran R 6 months ago
Fincare Business Services Pvt. Ltd, a financial services holding company, is in late-stage discussions to raise external equity funding that would rejig foreign ownership to...
Exclusive: Dewan Housing Finance seeks to acquire micro lending firm

Exclusive: Dewan Housing Finance seeks to acquire micro lending firm

Bruhadeeswaran R 6 months ago
Mumbai-based listed housing finance firm Dewan Housing Finance Corporation Ltd (DHFL) is seeking to acquire a small lending company to diversify its asset base and...
Muthoot Microfin raises $20 mn from US-based PE firm Creation Investments

Muthoot Microfin raises $20 mn from US-based PE firm Creation Investments

Bruhadeeswaran R 6 months ago
Muthoot Microfin Ltd (MML), a part of diversified financial services company Muthoot Pappachan Group (MPG), has raised growth capital for its microfinance business from Chicago-based...
Piramal Enterprises to start housing finance business

Piramal Enterprises to start housing finance business

TEAM VCC 7 months ago
Piramal Enterprises Ltd said its board has allowed unit Piramal Finance Ltd to start retail housing finance business as part of its diversification strategy. Piramal...
Exclusive: RGVN North East Microfinance lines up new investors

Exclusive: RGVN North East Microfinance lines up new investors

RGVN (North East) Microfinance Ltd has raised capital from domestic investors to meet the central bank’s norms essential for the company to transition to a...
Advent International buys stake in ASK Group

Advent International buys stake in ASK Group

Ranjani Raghavan 7 months ago
Private equity firm Advent International has acquired a significant minority stake in advisory and asset management business ASK Group, it said in a statement.  The...
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