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IFMR raising around $17M social impact fund to back microfinance institutions

By Shruti Ambavat

  • 19 Jun 2014

Chennai-based asset management company IFMR Investment Managers Private Ltd is looking to mop up Rs 100 crore (around $17 million) for its social venture capital fund IFMR FImpact Investment Fund. The fund will focus on providing mid-long term debt funding to microfinance institutions.IFMR has already received soft commitments worth Rs ......

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