Encourage Capital picks up stake in MSME lender

By Beena Parmar

  • 24 Apr 2023
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Credit: Thinkstock

New York-based Encourage Capital, through its private equity fund Encourage Solar Finance LP, has acquired a significant minority stake in a Mumbai-based impact-focused micro, small and medium sector enterprise (MSME) financier, marking its third investment from the fund. Encourage Capital, which was previously known as Wolfensohn Fund Management (WFM), has made ......

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