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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 ......

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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 ......

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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 ......

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Margdarshak Financial looking to raise funds, double its loan book

Finance

29 November, 2017

Margdarshak Financial looking to raise funds, double its loan book

Lucknow-based microfinance company, Margdarshak Financial Services Ltd, is looking to raise capital in an effort to more than double its ......

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In Charts: How microfinance industry performed in April-June quarter

Finance

01 September, 2017

In Charts: How microfinance industry performed in April-June quarter

India’ microfinance institutions (MFIs) have shown small signs of recovery in the first quarter of the fiscal year that began ......

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Madura Micro Finance raising more capital from strategic investor

Finance

09 May, 2017

Madura Micro Finance raising more capital from strategic investor

Non-banking financial company Madura Micro Finance Ltd (MMFL) is raising a second tranche of equity capital in its Series B ......

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SMILE Microfinance on the block

General

22 February, 2017

SMILE Microfinance on the block

Chennai-based SMILE Microfinance Ltd is up for sale with both its majority shareholder, US fund manager Developing World Markets (DWM), ......

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PE firm True North to partially exit small finance bank licensee Fincare

General

08 February, 2017

PE firm True North to partially exit small finance bank licensee Fincare

Fincare Business Services Pvt. Ltd, a financial services holding company, is in late-stage discussions to raise external equity funding that ......