Microlender SV Creditline ropes in insurer as first external equity investor

By Keshav Sunkara

  • 26 Mar 2018
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Credit: Shah Junaid/VCCircle

Gurugram-based microfinance company SV Creditline Pvt. Ltd, which has raised debt capital from several investors, has roped in an insurance company as its first equity investor.ICICI Prudential Life Insurance Company Ltd is picking up a 7.6% stake in the privately held microlender by subscribing to compulsorily convertible preference shares, a ......

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