Emerging markets focused private equity investor Equator Capital has struck its second exit from its Indian portfolio with multi-fold returns. Equator that essentially invests in financial services space and had backed two firms in the country before it made its fresh bet on a local firm last month, has exited its six-year-old investment in mid-size microlender Satin Creditcare Network Ltd.

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Equator part-exits microlender Satin Creditcare with multifold returns

TEAM VCC 1 year ago

Equator Capital has struck neat profits from its six-year-old investment in Indian mid-size microlender Satin Creditcare Network Ltd as it sold a quarter of its...

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Asian Development Bank investing $10 mn in Satin Creditcare Network

Bruhadeeswaran R 4 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...

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Satin Creditcare raises $7.6M in new funding, Lok Capital scores 2x in exit

Bruhadeeswaran R 4 years ago

Delhi-based microfinance institution Satin Creditcare Network Ltd (SCNL) has completed another equity infusion of Rs 41 crore ($7.6 million) from two existing financial investors besides...