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MFI

Sindhuja Microcredit raises Series C from two European institutions

Finance

28 March, 2024

Sindhuja Microcredit raises Series C from two European institutions

Rural-focussed microfinance institution (MFI) Sindhuja Microcredit has raised $14.5 million (Rs 120 crore) in its Series C funding round from ......

Light Microfinance raises Series B funding from BII, others

Finance

23 September, 2022

Light Microfinance raises Series B funding from BII, others

Light Microfinance has raised Rs 196 crore ($24.1 million) in a Series B funding round, the company said in a ......

Satya MicroCapital snags Rs 42 cr debt funding from Swiss impact investor ResponsAbility

Finance

20 January, 2022

Satya MicroCapital snags Rs 42 cr debt funding from Swiss impact investor ResponsAbility

Delhi-based microfinance institution Satya MicroCapital Ltd, focused on self-employed rural women, has raised Rs 42 crore (around $5.65 million) in ......

Satya MicroCapital picks up 24% stake in Jaipur-based Baid Housing Finance

Finance

24 December, 2021

Satya MicroCapital picks up 24% stake in Jaipur-based Baid Housing Finance

Swiss impact investor BlueOrchard-backed Satya MicroCapital Ltd, focused on self-employed rural women, said it has completed a strategic investment to pick ......

Nuveen Global Impact leads funding for Annapurna Finance

Finance

30 March, 2021

Nuveen Global Impact leads funding for Annapurna Finance

Microfinance institution Annapurna Finance, backed by Asian Development Bank (ADB) and Oman India Joint Investment Fund (OIJIF), has raised $30 ......

Microlender Satin Creditcare raises debt capital from Development Bank of Austria

Finance

03 January, 2020

Microlender Satin Creditcare raises debt capital from Development Bank of Austria

Microfinance firm Satin Creditcare Network Ltd has raised $15 million (Rs 107.6 crore at current exchange rate) in debt from ......

Premium
Three PE firms vie to invest in Madura Micro Finance

Finance

27 May, 2019

Three PE firms vie to invest in Madura Micro Finance

Madura Micro Finance Ltd is in talks with at least three private equity firms to raise growth capital and offer ......

Premium
Multilateral lender to back Annapurna Finance as investors eye exit

Finance

21 January, 2019

Multilateral lender to back Annapurna Finance as investors eye exit

Rural-focussed microfinance institution Annapurna Finance Pvt. Ltd is in the final stages of closing a fresh funding round aimed at ......

Premium
BancoSol CEO Kurt Koenigsfest on exploring India, learnings from MFI industry

Finance

28 December, 2018

BancoSol CEO Kurt Koenigsfest on exploring India, learnings from MFI industry

Bolivia-based BancoSol started out as a microfinance institution before transitioning into a commercial bank around 20 years ago to keep ......

Fusion Microfinance gets fresh funding from existing backers

Finance

08 February, 2018

Fusion Microfinance gets fresh funding from existing backers

Micro-lender Fusion Microfinance Pvt. Ltd has raised Rs 80 crore (around $12 million) in a fresh round of funding led ......