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PE-backed CreditAccess pumps in fresh money into IPO-bound Grameen Koota

By Debjyoti Roy

  • 02 Feb 2018
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PE-backed CreditAccess pumps in fresh money into IPO-bound Grameen Koota
Credit: Thinkstock

Bengaluru-headquartered microfinance company CreditAccess Grameen Ltd, which operates as Grameen Koota and is gearing up to float its initial public offering, has raised fresh capital from its promoter.The company raised Rs 310 crore ($48 million) from CreditAccess a few weeks ago, according to the company's draft red herring prospectus. One ......

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