New York-based Kora gets sharp haircut on exit from microfinance firm

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US-based investment firm Kora Management, focussed on internet and financial services, has exited its maiden India bet on a listed microfinance company in less than three years with an aggressive haircut. New York-based Kora, which has an office in Mumbai, likely sold its entire 4.59% stake in Satin Creditcare Network Ltd ......